The ISO 20022 standard, known for providing consistent, structured data for various financial transactions, has now embraced the world of cryptocurrencies. This milestone signifies a pivotal moment in the convergence of traditional finance and digital assets. 🚀🚀🚀🚀

The ISO 20022 Crypto-list, comprising eight standards within the International Organization for Standardization (ISO), includes notable cryptocurrencies such as Verge (XVG), Algorand (ALGO), Cardano (ADA), XDC Network (XDC), IOTA (MIOTA), Hedera (HBAR), Stellar (XLM), 🥳🥳🥳🥳🥳🥳 Ripple (XRP), and Quant (QNT). These cryptocurrencies are now positioned to benefit from the increased recognition and credibility associated with ISO 20022 compliance.

Stephen Lindsay, the Business Lead at the Society for Worldwide Interbank Financial Telecommunication (SWIFT), revealed the organization’s commitment to supporting banks by providing standardized ISO 20022-based services.

SWIFT aims to expand the range of services available to banks for cross-border payments in the future, reinforcing the significance of ISO 20022 as a game changer in global finance. 🥳🥳🥳🥳

As the world of cryptocurrencies continues to evolve, the impact of ISO 20022 compliance cannot be overstated. It marks a significant step towards mainstream acceptance and recognition of digital assets as legitimate components of the global financial ecosystem. 🆗🆗🆗🆗🆗🆗

xrpbillionaires.club

Elba is now working with the Stellar Development Foundation, a nonprofit that supports the growth of the Stellar blockchain network. He started out as a paid brand ambassador, but the relationship has morphed into something more like a mutual business partnership.

The conversation was about real-world utility. “I don’t see myself putting my name to a crypto brand,” says Elba. “I’m highlighting the capabilities of [blockchain as a] tool. And in my opinion, Stellar articulates it best.” 🎉🎉🎉🎉🎉

The particulars of the partnership are at this stage unclear. But to read between the lines, the ambition is to give residents of West Africa an alternative rail for transacting with one another and managing their money.

Elba compares the potential transition in West Africa, from traditional banking to crypto-based financial services, to the shift from physical mail to email. He imagines that, in the same way email gave anyone with internet access an online address from which to communicate, crypto could give everyone a digital financial address.💥💥💥💥

xrpbillionaires.club