Stellar Lumens (XLMUSD)

[ap17]

XRP, XLM, and IOTA are the only ones ISO-20022 ready and being considered/or used by swift

Ripple, IOTA, and Stellar Lumens could work with SWIFT under ISO 20022 regulation – Report
By JOHN KUMI 8. April 2023

Ripple, IOTA, and Stellar Lumen are in line to work hand in hand with SWIFT under ISO 20022.
SWIFT has announced that it is migrating to the system from March 2023 to November 2025.
Ripple, IOTA, and Stellar Lumen are reportedly in line to work with SWIFT under the ISO 20022 regulation. ISO 20022 is a single standardization approach meant to be used by all financial standards initiatives. In other words, it enables interoperability between market structures, financial institutions, and banks’ customers.



SWIFT has announced that customers would be at different stages of their ISO 20022 adoption journey from March 2023 to November 2025. In addition to SWIFT, market infrastructures such as The Clearing House, the Federal Reserve, the Bank of England, and the Nigeria Interbank Settlement System (NIBSS) have all declared their plans to migrate to ISO 20022 between 2022 and 2025.