Does the NYC subway still use tokens?

I'm curious to know, does the NYC subway system still utilize tokens as a means of payment for rides? With the advent of modern technology and digital payment options, it's possible that this traditional method of payment has been phased out. However, for those who have fond memories of dropping a token into the turnstile, it would be reassuring to know if this nostalgic practice still persists in the bustling metropolis of New York City. Can you shed some light on this matter?