ISO20022

⚠️ ATTENTION!! Massive upgrade in the global financial system. ISO 20022 standard comes into effect on July 14.
Significant impact on tokens that are not in the rules.
But which tokens are positioned positively?
The ISO 20022 standard could have a significant impact on cryptocurrencies, particularly those used for international payments and transfers. Here are some potential consequences:

*Benefits*
- *Interoperability*: The ISO 20022 standard enables better communication between financial institutions and traditional payment networks, making it easier to integrate cryptocurrencies into global payment systems.

Let’s Talk About #ISO20022

ISO 20022 isn’t just a boring string of numbers and letters—it’s the future of global finance, and it’s here to clean up the mess that traditional banking has left behind. Imagine a world where payments are faster, more secure, and your money doesn’t take a vacation in limbo before arriving. That’s ISO 20022: the new standard that’s dragging the financial industry into the 21st century whether it likes it or not.
This messaging standard isn’t just a fancy name—it’s a universal language for financial data, streamlining everything from cross-border payments to securities trading. It allows for richer, more detailed data in transactions, which means better transparency and efficiency. Basically, it’s the cryptocurrency of standards, but without the memes.
Why It Matters
1. Interoperability: Finally, banks, payment systems, and financial institutions can stop speaking different languages. With ISO 20022, they’ll all be on the same page—literally.
2. Faster Transactions: No more waiting three days for your money to crawl through outdated systems. This is financial speed-dating at its finest.
3. Improved Compliance: Richer data means regulators get the information they need without having to ask twice. (Bad news for those trying to hide something.)
4. Global Adoption: Major players like SWIFT, the Federal Reserve, and the European Central Bank are already on board. If you’re not, you might as well be sending money with carrier pigeons.

The ISO 20022 Portfolio
If you’re in crypto, you’ll want to know which projects are ISO 20022-compliant. These tokens are positioning themselves as the bridge between blockchain and the traditional financial system:
• $XRP (Ripple): The poster child for ISO 20022, Ripple’s focus on cross-border payments makes it a natural fit.
• $XLM (Stellar Lumens): Built for remittances and micropayments, Stellar is all about making transactions quick and cheap.
• $XDC (XinFin): Tailored for enterprise and trade finance, XDC is like the corporate suit of the crypto world.
• $ALGO (Algorand): Fast, secure, and scalable, Algorand is the tech geek in this group.
• $IOTA Aimed at the Internet of Things, IOTA is here to connect your fridge to your bank account (and do it securely).

Why You Should Care
ISO 20022 isn’t just a game-changer—it’s the game. As this standard becomes the norm, compliant cryptos could see increased adoption by institutions and governments alike. If you’re still betting on meme coins, this is your wake-up call. Get with the program or get left behind.

#DYR #CryptoRegulation

The transition towards the adoption of the ISO 20022 standard is marking a revolution in the global financial system. This upgrade of the global financial infrastructure has the potential to transform transactions, improve efficiency, and create a safer and more accessible environment. In this context, one of the digital assets playing a key role in this transformation is IOTA.
What is ISO 20022 and Why is it Important?
ISO 20022 is a financial messaging standard that is being globally adopted by financial institutions, banks, and payment systems to improve the interoperability of financial transactions. Instead of the traditional and limited messages used by current banking systems, ISO 20022 allows for richer and more efficient communication, using structured data and opening the door to greater automation and real-time data analysis.