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SWIFT’s ISO 20022 Mandate Puts Compliant Blockchains Cardano, XRP, in Focus


SWIFT’s ISO 20022 Mandate Puts Compliant Blockchains Cardano, XRP, in Focus

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  • Charles Hoskinson reaffirmed Cardano’s (ADA) support for ISO 20022, aligning it with XRP, HBAR, and ALGO.
  • The statement comes 13 days before SWIFT’s hard November 22 migration deadline for the new global banking standard.
  • A June report showed less than half of central banks were fully compliant, creating an opportunity for ISO 20022-ready blockchains.

Charles Hoskinson has positioned Cardano (ADA) alongside other ISO 20022-compliant blockchains, reaffirming the network’s support for the new standard. The move comes as the global banking industry enters the final 13-day countdown to SWIFT’s hard migration deadline.

Related: 13 Days Left: Banks Face ISO 20022 Mandate as XRP, Stellar Tout Compliance

Hoskinson described the standard as “necessary to open banking and combining the TradFi and DeFi worlds.” He added that ADA “is glad to be holding the line with XRP, HB…

Read The Full Article SWIFT’s ISO 20022 Mandate Puts Compliant Blockchains Cardano, XRP, in Focus On Coin Edition.

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$ 0.0759

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