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XRPL Validator Displays XRP Ledger Activity the Moment ISO20022 Switch Got Flipped for Fedwire

2025-07-15 07:38:20

XRPL Validator Displays XRP Ledger Activity the Moment ISO20022 Switch Got Flipped for Fedwire

Main Idea

The activation of ISO 20022 for Fedwire had no immediate impact on the XRP Ledger, as observed by an XRPL validator, sparking discussions and clarifications about the standard's scope and relevance to digital assets like XRP.

Key Points

1. An XRPL validator, VET, noted that the ISO 20022 switch for Fedwire had no observable effect on XRP Ledger transactions.

2. User reactions revealed confusion about ISO 20022's connection to XRP and On-Demand Liquidity (ODL), with some clarifying it is a data messaging standard, not directly related to digital tokens.

3. Charley Crypto emphasized that ISO 20022 is a compliant messaging system, not a sudden transformative event for digital assets.

4. The discussion highlighted ongoing misconceptions about ISO 20022's role, with knowledgeable users providing corrections.

5. VET's post underscored that the Fedwire migration to ISO 20022 did not result in any visible changes to the XRP Ledger's activity.

Description

The recent ISO 20022 activation for Fedwire has attracted a ton of comments and observations from various members of the XRP community. One such comment came from VET, an XRPL validator, who published a brief post addressing the recent development. In the tweet, VET stated, “The ISO20022 switch got flipped for Fedwire. Absolutely nothing happened.” Alongside this remark, VET attached a screen recording showing XRP Ledger transactions being processed normally, implying there were no technical dis...

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Cryptocurrency News XRP XRP Ledger
$VET
$0.02441
-3.13%
$XRP
$2.9230
-2.69%

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