HUGE XRP NEWS: The Financial System Will Change Forever Starting on November 22nd

ISO 20022 Standard & Timeline - ISO 20022 is a standard for financial messaging that aims to modernize and improve data transmission between financial institutions [1][2] - The shift to ISO 20022 began in November 2022, with a coexistence period ending on November 22nd, marking a significant upgrade in payment infrastructure [6][7][9] - By September, 60%+ of daily payment instruction messages were already using ISO 20022, indicating substantial adoption [10] - The complete migration for all SWIFT-enabled banks is expected by November 2025 [24] Ripple & XRP's Role - Ripple is compliant with ISO 20022 standards, positioning it favorably for integration into global financial networks [2][15][38] - ISO 20022 makes it easier to implement Ripple payments because banks are upgrading their systems to handle ISO 20022 for cross-border payments [18] - Ripple's acquisitions, such as Hidden Road (connecting to 300 institutional players) and G Treasury (connected to 13,000 banks), enhance its potential integration with SWIFT and the broader financial ecosystem [31][32][34] Impact on Financial Institutions & Crypto - ISO 20022 mandates that financial institutions upgrade their systems to accommodate new technologies, including crypto, which can open institutional floodgates [13][14][37] - The standard simplifies connections between networks, enhances interoperability, and automates processes, benefiting tokens positioned as banking infrastructure [5] - Smaller banks can benefit from ISO 20022 adoption by cutting out larger correspondent banks from their flow and cost [23] - The adoption of ISO 20022 facilitates the integration of crypto projects into global financial networks, particularly for cross-border payments and remittances [14]