In a move with far-reaching implications, the Federal Reserve has confirmed that the Fedwire® Funds Service has fully migrated to ISO 20022, the global financial messaging standard. The cutover, completed between July 14 and 15, 2025 , means that all high-value wire transfers in the United States will now use ISO 20022 messaging. As SWIFT prepares for its full transition to ISO 20022 by late 2025, both domestic and international payment systems are converging towards a unified standard. Why ISO 20022 Matters Globally ISO 20022 is more than just a new format for payments. It provides a universal language that enables transactions to carry structured and detailed data. This includes clearer remittance information, standardized identifiers, and compliance-ready fields for sanctions and regulatory checks. The Fed just hit the switch on ISO 20022. Boring headline? Sure. World changing? Absolutely. This is the moment U.S. payments started talking in the same language as global rails. SWIFT, RippleNet, BRICS, central banks all humming in sync. Now every transfer can carry… https://t.co/nCpgrhmcuM — 589bull (@589bull10000) August 21, 2025 With CHIPS, the largest private-sector U.S. wire system, having adopted ISO 20022 in April 2024, and FedNow built with ISO 20022 from inception, the Federal Reserve’s move now puts all major U.S. systems in line with the global standard. This harmonization comes as SWIFT prepares to retire its older MT messages by November 2025, aligning international and domestic rails under one standard. Why XRP Enthusiasts Are Excited XRP advocates quickly reacted to the development. Influencer 589bull highlighted the milestone on X, describing it as the moment “U.S. payments started talking in the same language as global rails.” For the XRP community, this is significant because Ripple joined the ISO 20022 Registration Management Group in 2020 and designed RippleNet to work seamlessly with ISO 20022 messaging . While the Federal Reserve’s move does not directly endorse XRP, it reinforces the long-standing argument that interoperability between banks, cross-border networks, and tokenized settlement systems is now technically easier. Separating Reality from Speculation It’s important to draw a clear distinction between the technology and the hype. ISO 20022 is strictly a messaging framework, not a settlement asset. The Fedwire update does not designate XRP—or any cryptocurrency—as an official part of the system. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 However, what it does achieve is the modernization of financial rails, giving institutions the ability to exchange richer data and integrate more easily with networks like RippleNet or future tokenized value platforms. This is where XRP advocates see potential: a global environment where standardized rails make digital asset integration more practical. The Bigger Picture for Payments The U.S. migration marks the start of a global convergence. As SWIFT prepares for its full transition to ISO 20022 by late 2025, both domestic and international payment systems are converging towards a unified standard. This transition promises faster and more efficient cross-border settlements, fewer delays caused by incomplete data, and stronger compliance capabilities. Banks across early-adopter regions have already reported improvements in processing and investigations thanks to ISO 20022’s richer data structure, underscoring the long-term impact of the shift. Final Take 589bull captured the sentiment best: no fireworks, no headlines—just a quiet but historic upgrade. With Fedwire now speaking ISO 20022, the U.S. is aligned with the future of global payments. For XRP holders, it strengthens the case that interoperable rails are here, and that Ripple’s early alignment with ISO 20022 may prove pivotal. While XRP is not officially embedded in the Fed’s infrastructure, the door to frictionless interaction between banks, networks, and tokenized assets is now wider than ever. 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 urged to do in-depth 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. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Army Goes Bullish As Federal Reserve Makes This Confirmation appeared first on Times Tabloid .
