In doing so, we indirectly influence the interest rates of commercial banks, that is, the deposit and lending rates. These in turn will lead to changes in the amount of money that is circulating in the financial system and the availability of credit in the economy.
As do banknotes, which, for their part, became accepted as a form of payment only in the 19th century. Earlier attempts to install paper money generally quickly turned into a fiasco. Too much money was printed; paper money was then no longer accepted. Today, coins and notes are the sole legal tender.