diff --git a/project/Dependencies.scala b/project/Dependencies.scala
index a2b0be16192..c463b5febf2 100644
--- a/project/Dependencies.scala
+++ b/project/Dependencies.scala
@@ -8,7 +8,7 @@ object Dependencies {
   val ZioVersion                    = "2.1.1"
   val ZioCliVersion                 = "0.5.0"
   val ZioJsonVersion                = "0.6.2"
-  val ZioSchemaVersion              = "1.1.1"
+  val ZioSchemaVersion              = "1.2.0"
   val SttpVersion                   = "3.3.18"
   val ZioConfigVersion              = "4.0.2"
 
diff --git a/zio-http-cli/src/main/scala/zio/http/endpoint/cli/HttpOptions.scala b/zio-http-cli/src/main/scala/zio/http/endpoint/cli/HttpOptions.scala
index 254afc8d740..15d94f26428 100644
--- a/zio-http-cli/src/main/scala/zio/http/endpoint/cli/HttpOptions.scala
+++ b/zio-http-cli/src/main/scala/zio/http/endpoint/cli/HttpOptions.scala
@@ -1,6 +1,5 @@
 package zio.http.endpoint.cli
 
-import scala.annotation.tailrec
 import scala.language.implicitConversions
 import scala.util.Try
 
@@ -185,6 +184,7 @@ private[cli] object HttpOptions {
         case StandardType.LocalDateTimeType  => Options.localDateTime(prefix.mkString("."))
         case StandardType.MonthType          => Options.text(prefix.mkString("."))
         case StandardType.YearType           => Options.integer(prefix.mkString("."))
+        case StandardType.CurrencyType       => Options.text(prefix.mkString("."))
       }
 
       loop(List(name), schema)
diff --git a/zio-http-cli/src/test/scala/zio/http/endpoint/cli/AuxGen.scala b/zio-http-cli/src/test/scala/zio/http/endpoint/cli/AuxGen.scala
index 8fdb42d8630..d2bdfc96a16 100644
--- a/zio-http-cli/src/test/scala/zio/http/endpoint/cli/AuxGen.scala
+++ b/zio-http-cli/src/test/scala/zio/http/endpoint/cli/AuxGen.scala
@@ -124,6 +124,7 @@ object AuxGen {
         StandardType.YearMonthType,
         StandardType.ZonedDateTimeType,
         StandardType.ZoneIdType,
+        StandardType.CurrencyType,
       ),
     )
     .map(Schema.Primitive(_))
diff --git a/zio-http-cli/src/test/scala/zio/http/endpoint/cli/CommandGen.scala b/zio-http-cli/src/test/scala/zio/http/endpoint/cli/CommandGen.scala
index ec5b4f7bfb9..395fab43838 100644
--- a/zio-http-cli/src/test/scala/zio/http/endpoint/cli/CommandGen.scala
+++ b/zio-http-cli/src/test/scala/zio/http/endpoint/cli/CommandGen.scala
@@ -1,7 +1,5 @@
 package zio.http.endpoint.cli
 
-import scala.annotation.tailrec
-
 import zio.cli._
 import zio.test._
 
@@ -155,6 +153,7 @@ object CommandGen {
           case StandardType.LocalDateTimeType  => "date-time"
           case StandardType.MonthType          => "text"
           case StandardType.YearType           => "integer"
+          case StandardType.CurrencyType       => "currency"
         }
       case _                                 => "non primitive"
     }
diff --git a/zio-http/shared/src/main/scala/zio/http/codec/internal/TextBinaryCodec.scala b/zio-http/shared/src/main/scala/zio/http/codec/internal/TextBinaryCodec.scala
index e829a9aec6f..70158a80d83 100644
--- a/zio-http/shared/src/main/scala/zio/http/codec/internal/TextBinaryCodec.scala
+++ b/zio-http/shared/src/main/scala/zio/http/codec/internal/TextBinaryCodec.scala
@@ -1,7 +1,7 @@
 package zio.http.codec.internal
 
 import java.time._
-import java.util.UUID
+import java.util.{Currency, UUID}
 
 import zio._
 
@@ -252,6 +252,13 @@ object TextBinaryCodec {
                       } catch {
                         case e: Exception => Left(DecodeError.ReadError(Cause.fail(e), e.getMessage))
                       }
+                  case StandardType.CurrencyType       =>
+                    (s: String) =>
+                      try {
+                        Right(Currency.getInstance(s))
+                      } catch {
+                        case e: Exception => Left(DecodeError.ReadError(Cause.fail(e), e.getMessage))
+                      }
                 }
               case schema                            =>
                 val result = Left(
diff --git a/zio-http/shared/src/main/scala/zio/http/endpoint/openapi/JsonSchema.scala b/zio-http/shared/src/main/scala/zio/http/endpoint/openapi/JsonSchema.scala
index e25d8b85a04..ca574fc8059 100644
--- a/zio-http/shared/src/main/scala/zio/http/endpoint/openapi/JsonSchema.scala
+++ b/zio-http/shared/src/main/scala/zio/http/endpoint/openapi/JsonSchema.scala
@@ -570,6 +570,7 @@ object JsonSchema {
           case StandardType.OffsetTimeType     => JsonSchema.String()
           case StandardType.OffsetDateTimeType => JsonSchema.String()
           case StandardType.ZonedDateTimeType  => JsonSchema.String()
+          case StandardType.CurrencyType       => JsonSchema.String()
         }
 
       case Schema.Optional(schema, _)    => fromZSchema(schema, refType).nullable(true)