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Official Stronghold Video Confirms: “XRP and XLM Will Directly Benefit from ISO 20022"
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Crypto researcher SMQKE drew attention to a recent Stronghold video that explicitly highlighted XRP and Stellar Lumens (XLM) as digital assets that stand to benefit from ISO 20022 adoption.
In a post, SMQKE stated that the video confirms both cryptocurrencies are fully compliant with the global standard, emphasizing their position within the evolving financial messaging landscape.
The video began by noting that all SIPA payments were required to use ISO 20022 in 2022, while the Federal Reserve in the United States encouraged financial institutions to adopt the framework by 2023. This transition, the speaker explained, is significant not only for traditional financial systems but also for the role it may play in advancing the use of digital currencies.
The Role of ISO 20022 in Digital Currency Integration
According to the video cited by SMQKE, ISO 20022 provides a flexible and standardized framework for financial messaging, enabling consistency and interoperability across different systems. This standardization is critical for improving the efficiency of cross-border transactions and ensuring the reliability of communications between financial entities.
The video further explained that ISO 20022 could directly increase the adoption of cryptocurrencies that align with its framework. This places XRP and XLM in a favorable position as they are members of the ISO 20022 standards body. Their compliance, the speaker noted, strengthens their relevance within an industry increasingly focused on harmonizing messaging systems.
Stronghold’s Position and Industry Implications
The video also highlighted how Stronghold itself has recognized the value of ISO 20022 messaging. The company has incorporated the standard in projects that combine it with blockchain ledger payments. By doing so, Stronghold is positioning itself at the intersection of established financial messaging standards and emerging digital asset technologies.
The integration of ISO 20022 into blockchain-related projects implies the importance of messaging standards for the efficient and secure exchange of financial information. As the speaker in the video stated, such standards play a critical role in boosting the performance and reliability of financial services overall.
SMQKE’s post brings focus to how these two assets may be positioned in a financial landscape moving toward global standardization. With progressive adoption of ISO 20022 at both regional and international levels, digital assets that are already compliant could see increased recognition within institutional and cross-border payment frameworks.
Disclaimer*: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.*