This applies as well to the market for circulating currency as it does to markets for any other good.

正如这个规律适用于市场里的其他商品一样，它也适用于市场中的流通货币。

youdao

But this Jan. 1 the euro became the mandatory circulating currency in the 12 countries forming the European Monetary Union.

FORBES: Magazine Article

And just as you don't need more than one currency circulating in a domestic economy, so you don't need more than one global reserve currency.

ECONOMIST: The dollar's dive

The Netherlands, along with 11 of its EU partners, began circulating the euro currency on 1 January 2002.

FORBES: Netherlands