Recently, I noticed that major changes are happening in the financial system. A new international standard called ISO 20022 is being fully implemented, and the traditional SWIFT system is about to be replaced.

Have you ever thought about what this means for the cryptocurrency industry? In fact, six cryptocurrencies have been fully compatible with the ISO 20022 messaging standard and have been certified for major utility chains. Specifically, XRP, XLM, HBAR, ALGO, IOTA, and XDC.

The fact that these cryptocurrencies support ISO 20022 is significant, making international remittances, large-scale fund transfers, and usage in systems operated by major central banks more feasible. The shift from the old infrastructure dependent on SWIFT to a more efficient system is truly underway.

SWIFT is also responding, warning about potential service disruptions and urging users to refrain from sending messages during certain maintenance periods. In other words, this transition is not just a temporary issue but a structural change in the entire financial system.

As support for ISO 20022 progresses, these cryptocurrencies could shift from being merely speculative assets to functioning payment infrastructure. I believe the market is starting to pay attention to this movement.