The post ISO 20022 Upgrade Goes Live: What It Means for XRP, XLM, XDC, and HBAR appeared first on Coinpedia Fintech News A major shift in global finance is finally here. SWIFT is retiring its old MT payment system this month, giving full control to ISO 20022. This upgrade could completely change how banks communicate and move money across borders. And for cryptos like XRP, XLM, XDC, and HBAR, it might be the turning point for mainstream …The post ISO 20022 Upgrade Goes Live: What It Means for XRP, XLM, XDC, and HBAR appeared first on Coinpedia Fintech News A major shift in global finance is finally here. SWIFT is retiring its old MT payment system this month, giving full control to ISO 20022. This upgrade could completely change how banks communicate and move money across borders. And for cryptos like XRP, XLM, XDC, and HBAR, it might be the turning point for mainstream …

ISO 20022 Upgrade Goes Live: What It Means for XRP, XLM, XDC, and HBAR

2025/11/12 16:07
Will Ripple Be the Death of SWIFT

The post ISO 20022 Upgrade Goes Live: What It Means for XRP, XLM, XDC, and HBAR appeared first on Coinpedia Fintech News

A major shift in global finance is finally here. SWIFT is retiring its old MT payment system this month, giving full control to ISO 20022. This upgrade could completely change how banks communicate and move money across borders. And for cryptos like XRP, XLM, XDC, and HBAR, it might be the turning point for mainstream adoption.

Global Payment System Is Upgrading

ISO 20022 isn’t a new concept, it was introduced back in 2004. But only now, with the rise of blockchain and advanced financial technologies, are banks and institutions ready to fully adopt it.

This global messaging standard modernizes how financial data is shared between systems, allowing faster, more transparent, and more detailed cross-border transactions.

This month marks a major milestone as the coexistence period between SWIFT’s old MT system and the new ISO 20022 messaging standard officially ends. This means all global banks are now required to upgrade their systems to handle ISO 20022 payments, and that directly connects with crypto.

Why It Matters for Crypto?

The adoption of ISO 20022 means that financial institutions can now more easily integrate with blockchain networks that already follow this format. 

This upgrade could help bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi), creating smoother pathways for cross-border payments, remittances, and even tokenized assets.

Cryptos like XRP, XLM, XDC, and HBAR were designed with ISO 20022 compatibility in mind, making them natural fits for global banking infrastructure..

More Than Just Ripple’s Moment

However, as Nick noted, this isn’t just about Ripple. ISO 20022’s upgrade is a rising tide that could lift all utility-driven projects. 

As financial data becomes more structured, programmable, and interoperable, cryptos built for real-world use cases, not speculation, could finally step into the spotlight.

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Mono Protocol Raises $2M in Private Round and Opens Whitelist: Here’s How Its Unified Balances and Universal Accounts Will Reshape Web3

Mono Protocol Raises $2M in Private Round and Opens Whitelist: Here’s How Its Unified Balances and Universal Accounts Will Reshape Web3

The post Mono Protocol Raises $2M in Private Round and Opens Whitelist: Here’s How Its Unified Balances and Universal Accounts Will Reshape Web3 appeared on BitcoinEthereumNews.com. The way people use blockchain today often feels complicated. Balances are scattered across different networks, bridging takes time and money, and users constantly switch wallets and chains to complete simple actions. Mono Protocol is building a new foundation for Web3 that unifies these experiences. With unified balances, instant settlement, and universal accounts, it aims to make blockchain interactions feel seamless.  The project has raised $2M in a Private Round and is now running whitelist registration ahead of the presale. Mono Protocol: Solving Web3’s Biggest Problem With a Unified Design Today’s blockchain space struggles with fragmentation. Users maintain balances across several chains, bridges are slow and expensive, and front-running risks cause value loss. Developers face the added challenge of building infrastructure for multiple networks, making the experience complex on both sides. Mono Protocol addresses these issues with chain abstraction technology. By unifying per-token balances, it allows users to hold and use assets from any supported blockchain in one place. Transactions are protected with MEV-resistant routing, ensuring value is preserved during execution.  Liquidity Lock technology guarantees that transactions cannot fail, which is a major step forward compared to traditional cross-chain systems. This combination creates a new standard for blockchain interaction. Developers gain access to simple APIs to build cross-chain applications without handling infrastructure overhead, while users enjoy one-click transactions across multiple ecosystems. It marks a shift from fragmented networks to a cohesive Web3 environment where complexity is invisible. One Balance, One Account, One Experience Mono Protocol introduces unified balances, instant settlement, and universal accounts that work across blockchains. This approach makes transactions simpler, faster, and free of the friction users often face today. Instead of managing assets on multiple networks, users interact with a single account and one balance. Liquidity Locks ensure transactions are guaranteed and completed instantly, while universal accounts remove…
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