I believe the reasoning for almost all DAC manufacturer's to choose the stop band at 0.546 Fs is this (see the left hand graph and ignore the right):I was thinking Red one because it Cuts Fs/2 off. But then im wondering why purple is standard.
With Fs=44.1 kHz, we have F_nyquist=22.05 kHz and F_stop=24.08 kHz. So the significant part of the images that get reflected are from 22.05 kHz to 22.05 - (24.08 - 22.05) = 20.02 kHz. Therefore, any leakages back into the audible band of <20 kHz are reduced to below the stop band attenuation spec., and therefore all is good.