XRP Is Built for This: SWIFT Adopts ISO 20022, Major Overhaul Coming
Main Idea
SWIFT's adoption of ISO 20022 is a major global financial shift, with XRP highlighted as already compliant and well-positioned for this new standard.
Key Points
1. ISO 20022 is a new XML-based messaging standard adopted by SWIFT, expected to be fully implemented by November 2025.
2. Less than half of SWIFT-connected institutions were ready for ISO 20022 as of mid-2025, according to Brown Brothers Harriman.
3. Ripple's XRP Ledger is natively ISO 20022 compatible, with RippleNet processing over $1.3 billion in transactions in 2025 alone.
4. The Federal Reserve's Fedwire system upgrade to ISO 20022 further strengthens XRP's relevance in the financial system.
5. SWIFT's evolution, including its GPI initiative, opens the door for blockchain-based solutions like XRP in global finance.
Description
Captain Redbeard, a prominent voice on X, recently sounded the alarm on a major shift in global finance: “SWIFT adopts ISO 20022 – Major overhaul coming! Legacy system gets an upgrade… and guess who’s already ISO 20022 ready? $XRP is built for this.” His post underscores a pivotal transformation that is reshaping the financial landscape—and placing XRP at the center of the conversation. The Global Transition to ISO 20022 ISO 20022 is the new global standard for financial messaging, replacing the...
Latest News
- Chartist Sets XRP Price Next Stop After Breaking Out of This Triangle2025-07-21 20:07:40
- XRP Proponent Says the Biggest Pump of Human Civilization Is Just Starting2025-07-21 19:16:10
- Can Solana (SOL) Rally 100x Again? Experts Say Ruvi AI’s (RUVI) Early Bonuses Make It the Smarter and Safer Bet2025-07-21 19:15:48
- Here’s How Much XRP Available for Business Operation2025-07-21 18:47:54
- XRP Overtakes Multi-Billion Dollar Companies, Including This Global Oil Firm2025-07-21 18:17:18