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Because US currency is absurdly widely accepted. There are whole nations who just use the US dollar instead of minting their own, and global industries such as oil that set their worldwide price in dollars even for transactions that have nothing to do with the USA.
There are also the "legal tender" and "debts shall not be questioned" issues. If you get a local tax bill for $100 and find a $100 bill from 1826, you can expect that if you walked down to the town clerk and just hand the note over for face value.
(Note that I'm too lazy to check either when the first $100 notes were issued, what the precise rules are about accepting cash in unusual form, or what clarifying rules Congress might have passed like when they banned private use of banknotes with higher face values.)
I think that that'd depend on the local business. I recall having a commercial establishment reject some dollar coins I had because the clerk didn't recognize them and clearly had no idea that a dollar coin existed.