ISO 20022 Explained Revolutionizing Global Payments and Digital Assets

Jake Claver

ISO 20022 is the future of finance, but let’s clear the confusion—it’s not about crypto, it’s about transforming how money moves worldwide. Faster payments, clearer communication, and modernized systems are here. Curious how XRP, XLM, and others tie into this? Watch now to understand why this matters for everyone.

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00:00All right, so let's clear up the ISO 20022 confusion. Think of ISO 20022 as a universal

00:08language for financial institutions. It's not about cryptocurrencies. It's about making financial

00:13messaging clearer and faster. Here's what you need to know. It's free. It's an open standard

00:18that everyone can use. It helps banks and financial institutions speak the same digital

00:22language. It helps international payments settle faster and more accurately, while no actual

00:29crypto is ISO 20022 compliant, some networks like XRP, XLM, HBAR, XTC, and Algorand are all built

00:39with that in mind. So why should you care? Well, because this is literally changing how money moves

00:45around the world. The faster SWIFT payments become, the more we need instant settlement solutions like

00:51some of these networks provide. So bottom line, ISO 20022 is part of a bigger revolution in how we

00:58handle payments and digital assets. It's not just crypto. It's about modernizing the entire financial system.

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