Useless Coin (USELESS) is a meme cryptocurrency launched in March 2025, primarily for speculative trading. As of August 2025, it has a circulating supply of approximately 999.94 million tokens and a market cap around $321 million. Despite its name, it has gained attention in the crypto community, though it lacks inherent utility or a clear use case .

In the realm of physical currency, the term often refers to low-denomination coins that are rarely used in daily transactions. For example, the U.S. penny, which costs more to produce than its face value, has been phased out due to inefficiency .

Both the U.S. penny and the U.K. 1p and 2p coins face similar scrutiny for their limited practical use. In fact, the U.K. government has significantly reduced the production of these coins, though they remain in circulation .