What determines the currency for Destination Charges?

The currency for Destination Charges is primarily determined by the currency of the Platform Account. This is because Destination Charges are designed for use cases where the platform (operating the payment system) needs to facilitate transactions on behalf of connected accounts, such as marketplaces or other service providers.

When a payment is processed, the funds are typically transferred to the connected account, but the transaction itself is initiated and managed through the platform account. The platform account's currency plays a crucial role in establishing the base currency for the transaction. Hence, even if the connected account has a different currency, the Destination Charge will initially convert or display the amount in the platform's currency, ensuring consistency and control over the transaction process from a platform perspective.

Understanding this hierarchy of currency determination is essential for effectively managing payments and conversions in integrated systems like those that use Stripe for payment processing.