The European Payments Council, SEPA, SWIFT & most of the traditional major banks are losing the old MT standard and moving to ISO 20022 by November, 2025. This raises the question of which crypto currencies are going to be a part of the new financial messaging standard.
XLM & XRP: Deep Inside ISO 20022 Standard’s Body?
While this upgrade is coming this week, SWIFT expects 90% of all transactions transitioning to ISO 20022 by the start of 2026. Registration Management Group (RMG), the key organization behind ISO 20022 compliance, has quite a few members or parent companies related to popular Layer 1s.
Ripple (XRP), Stellar Lumens (XLM), Hedera Hashgraph (HBAR) & Algorand (ALGO) are all members, with Ripple joining in 2020. Stellar followed suit, giving both OG altcoins a chance at reshaping DLT blockchain’s like XRP & XLM interoperability with SWIFT & other banker giants from the inside.
Playing a key role in stablecoin adoption, including CBDCs, ISO 20022 messaging standard is most favorable for compliant major-cap altcoins that have already proven their worth in cross-border payments or traditional banking integrations.
XRP vs. XLM Showdown: Here’s Who’s Got The Edge
ISO 20022-compliant coins are actively accumulated by BlackRock & JP Morgan. While Ripple has active partnerships with over 300 banks and financial payment solutions like Santander, SEB & is actively integrating their own RLUSD stablecoin, Stellar’s (XLM) highlight partnerships include MoneyGram & IBM World Wire, but the trading volumes hardly match with XRP’s.
With Ripple’s (XRP) Spot market volume constantly exceeding $2 billion, no wonder the altcoin manages to grow with relatively small transaction fees. However, the Futures market volume quadruples the $2 billion on Spot. At $8 billion in 24 hours, XRP’s demand on Perpetuals connotes a new trend among traders to go for potentially bigger gains.
For Stellar Lumens (XLM), trading volume often don’t leave the $100 million – $200 million daily range, while 7 million average transactions made daily on XLM cannot compete with the 40 million average transaction count on XRP’s Ledger, even though both Distributed Ledger Technology (DLT) chains process a block within an average of 5 seconds.
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People Also Ask:
November 22–24, 2025 weekend. After that date, all cross-border payment messages must use the new ISO format or face delays.
No. SWIFT is purely the messaging network. It doesn’t settle or custody any assets. Banks pick their own settlement rails.
XRP via RippleNet. Over 300 financial institutions (Santander, SBI, Standard Chartered, Bank of America, etc.) already use Ripple’s On-Demand Liquidity with XRP for live corridors. Stellar has partnerships (MoneyGram, IBM World Wire, Circle), but far fewer live high-volume bank corridors.
Both are fully compliant at the messaging level. RippleNet and Stellar natively carry ISO 20022-structured data. The difference is scale and adoption, not technical readiness.
No guarantee. The switch forces richer messages, not faster settlement. Price depends on how many banks actually route volume through RippleNet or Stellar instead of keeping legacy rails. So far only a fraction of SWIFT’s $150T yearly volume has moved to crypto rails.
