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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