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XRP to Play A Key Role As Fed Shifts Trillions of Dollars to the New ISO 20022 Standard Today

2025-07-14 17:20:01

XRP to Play A Key Role As Fed Shifts Trillions of Dollars to the New ISO 20022 Standard Today

Main Idea

The Federal Reserve's transition of the Fedwire Funds Service to the ISO 20022 messaging standard could position XRP as a key player in modernizing cross-border payments due to its alignment with the new framework.

Key Points

1. The Federal Reserve transitioned the Fedwire Funds Service to the ISO 20022 messaging standard on July 14, 2025, modernizing U.S. financial infrastructure.

2. ISO 20022 is a messaging format, not a payment method, but XRP is highlighted as a potential bridge asset due to its compatibility with the standard.

3. Ripple, the company behind XRP, joined the ISO 20022 Standards Body in 2020 and has tailored RippleNet to align with ISO standards.

4. XRP's speed, low cost, and compatibility with ISO-ready systems like RippleNet make it relevant for efficient settlement solutions in the new framework.

5. Market speculation suggests increased institutional adoption of XRP, with reports of a $300 million XRP reserve purchase fueling enthusiasm.

Description

In a major leap toward modernizing the U.S. financial system, the Federal Reserve today, July 14, 2025, is officially transitioning trillions of dollars in daily transactions on its Fedwire Funds Service to the ISO 20022 messaging standard. This development marks a new era of global financial messaging and has reignited discussion around the potential role of XRP in this next-generation infrastructure, a point strongly emphasized by crypto influencer JackTheRippler in a widely circulated post on...

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Cryptocurrency News Federal Reserve XRP
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