ISO 20022 Will Launch on July 14: Here’s What This Means for Ripple and XRP

On July 14, 2025, the ISO 20022 financial messaging standard will officially go live for the Federal Reserve’s Fedwire Funds Service, as confirmed in promotional material released by the Federal Reserve Financial Services. The update represents a critical step in the modernization of the global financial messaging infrastructure, with implications for institutions and technologies aiming to align with this new format. A tweet from prominent cryptocurrency enthusiast JackTheRippler brought renewed attention to this development. Attached to his tweet was an image created by the Federal Reserve, reinforcing this date and the messaging update. It highlights the urgency and preparedness required for institutions involved in real-time financial transactions, particularly within the United States. Ripple’s Alignment with ISO 20022 Standards Ripple, the company behind RippleNet and a developer of enterprise blockchain payment solutions, has long positioned itself as ISO 20022-ready. In 2020, Ripple officially became a member of the ISO 20022 Standards Body. This move allowed RippleNet to align with the evolving requirements of financial institutions globally, offering a standardized and data-rich communication format that facilitates improved interoperability and efficiency in cross-border payments. As outlined in a report by Times Tabloid, Ripple’s compliance with ISO 20022 enables its payment infrastructure to integrate more effectively with traditional financial systems. Through this alignment, RippleNet can utilize a unified API to communicate with other ISO 20022-compliant platforms, making it easier for financial institutions to implement Ripple’s blockchain technology within their existing systems. The Times Tabloid article emphasized that as the global transition to ISO 20022 continues—especially with 72% of SWIFT-connected institutions expected to adopt the standard by November 2025—Ripple’s positioning could provide tangible advantages. The compliance may also allow financial institutions to consider incorporating Ripple’s On-Demand Liquidity (ODL) solutions and infrastructure to streamline their international transactions. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Clarifying XRP’s Relationship with ISO 20022 While RippleNet and its enterprise systems are ISO 20022-compliant, the XRP token itself is not. This distinction remains a point of confusion in the cryptocurrency community. JackTheRippler’s tweet suggests a connection between XRP and the standard, noting that the XRP Ledger is “designed to be compatible.” However, this interpretation does not reflect the clarification provided by Ripple’s Chief Technology Officer, David Schwartz. In previous statements, Schwartz explained that ISO 20022 is a financial messaging standard and should not be confused with any cryptocurrency. He stated clearly that XRP, as a digital asset, does not directly conform to ISO 20022, since the standard applies to how messages are formatted and transmitted between financial institutions, not to cryptocurrencies or blockchain tokens themselves. Although XRP may be utilized within Ripple’s payment products, including those that support ISO 20022-compliant messaging, this does not make the token itself compliant. The confusion likely stems from Ripple’s involvement in the standards body and the use of XRP in solutions like ODL. Nevertheless, it remains essential to separate the messaging infrastructure from the digital asset. Implications Moving Forward The launch of ISO 20022 on July 14 will serve as a foundation for the broader adoption of real-time, high-accuracy, and data-rich financial messaging around the world. Ripple’s proactive alignment with the standard through RippleNet could facilitate greater integration into mainstream financial systems, particularly in the area of cross-border settlements. XRP, while not compliant with ISO 20022 , may indirectly benefit from Ripple’s positioning, especially if the use of the token becomes more common within financial products and services that leverage the new standard. The Federal Reserve’s transition marks a significant step in the global financial system’s transformation, and Ripple’s involvement in this landscape reinforces its strategic role in next-generation payment technologies. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post ISO 20022 Will Launch on July 14: Here’s What This Means for Ripple and XRP appeared first on Times Tabloid .

Source: TimesTabloid