๐ XRP & XLM set to lead as Banks embrace ISO 20022! ๐๐ธ
๐น Banks adopting ISO 20022:
Financial institutions worldwide are rushing to upgrade to this standard for smoother cross-border transactions. November 2025 is ISO 20022 migration deadline.๐๐ฆ
๐น What is ISO 20022?
ISO 20022 is a global messaging standard developed by the International Organization for Standardization (ISO) to streamline data exchange between financial institutions. ๐ฆ๐ฌ It aims to create a unified language for payments, foreign exchange, and financial services โ making transactions faster, more transparent, secure, and efficient across borders. ๐๐ธ โก๏ธ๐
๐น Why XRP & XLM?
These cryptos offer fast, low-cost, and compliant payment solutions perfectly suited for ISO 20022 networks. โก๏ธ๐ฐ
๐น Blockchain meets finance:
Financial institutions are integrating blockchain with ISO messaging to enhance transparency and efficiency. ๐๐
๐น Case Study โ Santander and Ripple (XRP):
Spanish banking giant Santander uses Rippleโs blockchain (XRP Ledger) via its โOne Pay FXโ app for cross-border payments. It enables same-day, low-cost transfers using ISO-aligned messaging โ a real-world blend of legacy banking and crypto innovation. ๐ฆ๐ฑ๐ฒ
๐น What it means for retail investors:
Greater access to faster, cheaper, and more reliable global payments โ making XRP and XLM attractive for everyday users and investors alike. ๐ฒ๐ธ
๐น The future of digital payments:
XRP and XLM are becoming top contenders in regulated crypto payments as the global standard rolls out. ๐๐