currenciesfor
currenciesfor is a term used to describe a framework or initiative that guides currency selection according to intended use. The name blends “currencies” with the preposition “for,” signaling a purpose-driven approach to currency choice. There is no single official standard or governing body for currenciesfor; instead, it appears in fintech discussions and experimental projects as a conceptual method for managing currency risk and operational efficiency.
Concept and scope: The core idea is that currencies differ in stability, liquidity, costs, regulatory status,
Applications: In remittance or humanitarian contexts, currenciesfor frameworks might prioritize widely accepted currencies or diversified baskets
Implementation and governance: There is no universal protocol. Implementations range from decision matrices and policy guidelines
Reception and critique: Critics warn that purpose-based currency selection can be prescriptive or may fragment markets,
See also: currency basket, exchange-rate risk, currency hedging, central bank digital currency.