G10 Currencies

Definition ∞ G10 currencies are the ten most heavily traded and liquid fiat currencies globally, representing major industrial nations. These include the US Dollar, Euro, Japanese Yen, British Pound, Swiss Franc, Canadian Dollar, Australian Dollar, New Zealand Dollar, Swedish Krona, and Norwegian Krone. They serve as benchmarks for international trade and financial transactions.
Context ∞ While digital assets gain prominence, G10 currencies remain central to global finance, often serving as the primary on-ramps and off-ramps for cryptocurrency markets. Their stability and widespread acceptance contrast with the volatility of many digital assets. Policy decisions by G10 central banks regarding interest rates and digital currency initiatives significantly influence the broader financial ecosystem.