The Fed Embraces New Messaging Standard to Boost Payment Efficiency
2025-07-14 09:52:38
Main Idea
The Federal Reserve's Fedwire adopted the ISO 20022 messaging standard on July 14, 2025, enabling near-instant money transfers and benefiting cryptocurrencies like XRP, ADA, and XLM that align with this standard.
Key Points
1. Fedwire's adoption of ISO 20022 facilitates near-instant money transfers and enhances payment efficiency.
2. Cryptocurrencies such as XRP, Cardano (ADA), and Stellar (XLM) are compatible with ISO 20022, improving their utility in financial transactions.
3. XRP's On-Demand Liquidity (ODL) model is highlighted for real-time institutional money transfers, potentially boosting its price if adopted by U.S. banks.
4. Cardano's compliance with ISO 20022, supported by Hydra and Mithril updates, enhances scalability and liquidity, with analysts predicting a short-term price rally.
5. Other ISO 20022-compatible cryptocurrencies include Algorand (ALGO), Quant (QNT), and Hedera (HBAR), each offering unique advantages like energy efficiency and enterprise-focused architecture.
Description
Fedwire adopts ISO 20022, boosting cross-border payment efficiency. Coins like XRP, ADA, and XLM align with the new standard. Continue Reading: The Fed Embraces New Messaging Standard to Boost Payment Efficiency The post The Fed Embraces New Messaging Standard to Boost Payment Efficiency appeared first on COINTURK NEWS .
Latest News
- Trump’s Surprising Comments Trigger Drop in Cryptocurrency Prices2025-07-14 15:43:31
- Grayscale Makes Strategic SEC Move as Crypto Markets Surge2025-07-14 15:10:13
- The Giant Whale Reactivates: What’s Next for Bitcoin?2025-07-14 14:14:44
- Grayscale’s Ambitious Market Expansion Sparking Curiosity2025-07-14 13:48:06
- Strategy Breaks Records with Unprecedented Bitcoin Purchase2025-07-14 13:32:30