Federal Reserve Implements ISO 20022. Here’s What It Means for Ripple

Key Points

1. The Federal Reserve adopted the ISO 20022 messaging standard effective July 14, 2025, a move that could benefit Ripple.

2. ISO 20022 is a globally adopted framework for electronic data exchange, expected to be used in over 80% of international financial flows by the end of 2025.

3. Ripple positioned itself early for ISO 20022, joining the ISO 20022 Standards Body in 2020 and aligning its infrastructure with the standard.

4. Ripple's XRP is not an ISO 20022 messaging token but remains integral to RippleNet’s operations, particularly in its On-Demand Liquidity service.

5. The adoption of ISO 20022 could increase demand for Ripple’s services in the U.S. market, especially as it seeks a U.S. banking license and a Federal Reserve master account for its upcoming stablecoin, RLUSD.