🌐 “Big Bang” ISO 20022 in the U.S.: why it matters and which cryptos to watch today

Today (July 14-25), the Fedwire Funds Service, a rail that moves trillions of USD daily between U.S. banks, abruptly migrated to ISO 20022 (new banking message format).

With this, the U.S. joins over 70 countries that already use this “unique language” for high-value payments.

🏦 What changes with ISO 20022?

• Rich data → payments with more information and fewer errors.

• Automation → fewer manual processes, almost instant reconciliation.

• Bridge with blockchain → the standard facilitates integrating crypto rails with banking.

🚀 Cryptos already aligned with ISO 20022

These projects already employ – or are adapting – the standard, so they could gain prominence when banks and fintech seek hybrid integrations:

• $XRP (Ripple): on-demand liquidity for bank payments.

• $XLM (Stellar): fast remittances and financial inclusion.

• $XDC (XinFin): financing for international trade.

• $HBAR (Hedera): micropayments and business traceability.

• $ALGO (Algorand): compliant institutional infrastructure.

• $MIOTA (IOTA): data messaging and IoT.

• $QNT (Quant): bridge between networks (Overledger).

🔍 Why watch the market?

• U.S. banks are already sending payments with structured data.

• Fintech / DeFi gain a common base to connect to banking.

• “ISO-ready” tokens start with an advantage as global payment rails.

The migration of Fedwire brings traditional banking infrastructure closer to the crypto world. Projects ready for ISO 20022 could be the first to integrate hybrid fiat-crypto payments.

💬 Do you think ISO 20022 will accelerate the use of crypto in banking? Comment below! 👇