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ISO 20022 payment communication protocol: we haven't any supported crypto currency in UW #7587

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serrq opened this issue Jun 24, 2024 · 1 comment

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@serrq
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serrq commented Jun 24, 2024

After years of planning and delays, momentum is building for banks to adopt the ISO 20022 messaging standard next year. The standard aims to improve the speed and accuracy of international payments — and many banks won't be ready, experts say.

The cutover to the new standard is now slated for March 2025 — nearly five years after its original planned migration date — and most observers expect ISO 20022 to finally go live next year with broad support from large global banks and payments organizations including The European Central Bank and Belgium-based Swift, the Society for Worldwide Interbank Financial Telecommunication.

continue here...

https://www.americanbanker.com/payments/news/preparing-for-iso-20022-what-banks-need-to-know

Currently these are the ISO 20022 compliant networks:

• HBAR (Hedera Hashgraph)
• XDC Network (XinFin)
• XRP (Ripple)
• XLM (Stellar)
• IOTA (Iota foundation)
• ALGO (Algorand)
• QNT (Quant)
• ADA (Cardano)

About ISO 20022

https://www.binance.com/en/square/post/5269189407018

@serrq serrq changed the title We haven't (UW) no one crypto currency in new ISO 20022 payment communication standard We haven't (UW) no one crypto currency in new ISO 20022 payment communication protocol Jun 24, 2024
@serrq serrq changed the title We haven't (UW) no one crypto currency in new ISO 20022 payment communication protocol We haven't (UW) no one crypto currency belonging in the new ISO 20022 payment communication protocol Jun 24, 2024
@serrq serrq changed the title We haven't (UW) no one crypto currency belonging in the new ISO 20022 payment communication protocol ISO 20022 payment communication protocol: we haven't no one crypto currency in UW Jun 24, 2024
@serrq serrq changed the title ISO 20022 payment communication protocol: we haven't no one crypto currency in UW ISO 20022 payment communication protocol: we haven't any supported crypto currency in UW Jun 25, 2024
@serrq
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serrq commented Jul 8, 2024

How States and financial institutes are close to test their CBDCs.

I don't like CBDCs, but in institutions environment these are the legal tenders of the future.

So we have considering them as an option when it isn't possible the true decentralized way. I hope team consider all this as an option to have access to RWAs controlled by States.

https://cryptoadventure.com/algorand-and-hedera-tested-by-swedens-central-bank-for-retail-cbdc-solutions/

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