The ISO 20022 standard, known for providing consistent, structured data for various financial transactions, has now embraced the world of cryptocurrencies. This milestone signifies a pivotal moment in the convergence of traditional finance and digital assets. 🚀🚀🚀🚀

The ISO 20022 Crypto-list, comprising eight standards within the International Organization for Standardization (ISO), includes notable cryptocurrencies such as Verge (XVG), Algorand (ALGO), Cardano (ADA), XDC Network (XDC), IOTA (MIOTA), Hedera (HBAR), Stellar (XLM), 🥳🥳🥳🥳🥳🥳 Ripple (XRP), and Quant (QNT). These cryptocurrencies are now positioned to benefit from the increased recognition and credibility associated with ISO 20022 compliance.

Stephen Lindsay, the Business Lead at the Society for Worldwide Interbank Financial Telecommunication (SWIFT), revealed the organization’s commitment to supporting banks by providing standardized ISO 20022-based services.

SWIFT aims to expand the range of services available to banks for cross-border payments in the future, reinforcing the significance of ISO 20022 as a game changer in global finance. 🥳🥳🥳🥳

As the world of cryptocurrencies continues to evolve, the impact of ISO 20022 compliance cannot be overstated. It marks a significant step towards mainstream acceptance and recognition of digital assets as legitimate components of the global financial ecosystem. 🆗🆗🆗🆗🆗🆗