Crossword Genius

Where, in circulation, less than one paisa could suffice? (4)

Ross

I believe the answer is:

asia

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'where in circulation less than one paisa could suffice?' is the definition.
The answer is a location as well as being a singular noun. This is suggested by the definition.

'where in circulation less than one' is the wordplay.
'where in circulation' becomes 'asi' (I can't explain this - if you can you should believe this answer much more).
'less than' means to remove the last letter (not the full word).
'one' becomes 'an' (an apple is one apple).
'an' with its final letter removed is 'a'.
'asi'+'a'='ASIA'

Can you help me to learn more?

(Other definitions for asia that I've seen before include "The Orient" , "Heavily populated area" , "Great continent" , "huge amount of ground" , "Tigers found here" .)

I've seen this clue in the Evening Standard.
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