Monetization

noun

1. The act of monetizing; the act or process of giving something the character of money or of coining it into money: as, the monetization of silver.
2. The act or process of converting into money, or of establishing something (e.g. gold or silver) as the legal tender of a country.

   "the monetization of silver"

3. The conversion of something (especially metal) into money, the act of monetizing.
4. establishing something (e.g. gold or silver) as the legal tender of a country