XRP: Expert Analysis After ISO 20022 Launch

What to Know:

• ISO 20022 went live, marking a significant shift in global payment messaging standards.
• The activation of ISO 20022 has not led to increased activity or transaction flow on the XRP Ledger (XRPL).
• Claims that ISO 20022 would automatically drive XRP adoption have not materialized, as the two operate independently.

The XRP community has closely watched the transition to ISO 20022, a major update to global payments messaging. Despite anticipation, the activation of this standard has not impacted activity on the XRP Ledger. This underscores the importance of understanding the distinct roles of messaging standards and settlement systems in the financial ecosystem.

The shift to ISO 20022 officially concluded the coexistence period with SWIFT’s legacy MT messages. Now, all bank-to-bank payment instructions on SWIFT utilize the ISO 20022 format. Validator data indicates that XRPL throughput remains consistent, showing no immediate effect from the transition.

“Ended” hahahahahahahahahaahahah. The idiots will come up the another Iso20022 nonsense theory
— Matt Hamilton (@HammerToe) November 23, 2025

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The notion that ISO 20022 would compel banks to use XRP has been a persistent narrative. However, experts, including former Ripple staff, have clarified that ISO 20022 is a messaging standard, not a settlement system inherently linked to XRP or any other cryptocurrency. Ripple’s CTO has emphasized that XRP and ISO 20022 operate on separate layers, highlighting their distinct functions in the payments landscape.

“XRP has nothing to do with ISO 20022.”
ISO 20022 is a messaging standard for payments, XRP is a cryptocurrency. While there could certainly be projects using both of these things, there is no real inherent overlap between them. 8/13
— David ‘JoelKatz’ Schwartz (@JoelKatz) April 8, 2023

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ISO 20022 brings enhanced data capabilities, improved compliance, and increased automation to the payments sector. Banks worldwide prepared for this transition, reflecting its importance in upgrading financial infrastructure. The real impact of ISO 20022 lies in enhancing banking infrastructure, separate from crypto settlements.

This weekend marks a major milestone in payments: the coexistence period between MT and ISO 20022 message standards ends. From 22 November 2025, all FI-to-FI payment instruction messages will be delivered only in ISO 20022 format.

ISO 20022 brings richer data, better… pic.twitter.com/zlsNSes2s8
— Swift (@swiftcommunity) November 21, 2025

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While ISO 20022 is a notable advancement for global finance, it does not automatically drive adoption or demand for XRP. The growth and utility of XRPL depend on its underlying technology, expanding ecosystem, and practical applications. As the digital asset space continues to evolve, understanding the distinct roles of various technologies is crucial for informed investment decisions.

Related: XRP Price: $12M Max Pain for Bears

Source: Original article