- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
SWIFT Directly Makes This Major Confirmation. Here’s What It Means for XRP
By: times tabloid|2025/05/05 18:45:01
0
Share
Prominent crypto researcher SMQKE (@SMQKEDQG) recently shared a post on X emphasizing a critical update regarding cross-border payments and the ISO 20022 standard. SMQKE shared a screenshot of a report highlighting the November 2025 final ISO 20022 migration deadline.This transition holds significant weight for financial institutions and digital asset communities closely following ISO 20022’s global implementation. The migration to ISO 20022 for cross-border payments—specifically through the CBPR+ messaging framework—has been repeatedly delayed. However, Swift has now definitively stated that the deadline is set and will be enforced.MAJOR CONFIRMATION DIRECTLY FROM SWIFT: “No more delays — THE NOVEMBER 2025 DEADLINE FOR ISO 20022 MIGRATION IS FINAL AND WILL NOT MOVE.” pic.twitter.com/miQ3VyqCA7— SMQKE (@SMQKEDQG) May 4, 2025Previous Delays and Current TimelineAs detailed in a report by Finextra, the journey toward ISO 20022 adoption has faced several setbacks. The migration date was delayed by a year in 2020, pushing the timeline from November 2021 to the end of 2022. These delays were attributed to banks managing infrastructure decommissioning and transition efforts.The image SMQKE shared reveals a string of subsequent delays, as institutions across jurisdictions adjust. Despite the history of changes, Swift has confirmed that the November 2025 deadline for ISO 20022 CBPR+ migration is final. The report says, “The current deadline for cross-border payments will not move,” asserting a fixed timeline for implementation.We are on twitter, follow us to connect with us :- @TimesTabloid1— TimesTabloid (@TimesTabloid1) July 15, 2023CBPR+ and Swift’s 2025 ObjectivesCBPR+ refers to the ISO 20022-based standard specifically tailored for cross-border payments and related reporting. This shift is notable for the crypto space as many experts see XRP as a leader in the cross-border payments space and as the asset that could benefit the most.Swift’s CBPR+ working group is finalizing new usage guidelines in the transition. According to the update, these guidelines are expected by the end of 2025 and will contribute to another major phase in CBPR+ development. Additionally, hybrid postal addresses will be introduced and supported in that release cycle.Implications for Financial Institutions and XRPThe confirmation from Swift is particularly relevant for entities building systems around the interoperability and messaging efficiencies promised by ISO 20022. While XRP itself is not ISO 20022 compliant, Ripple uses this standard in its payment product, and many believe XRP can benefit from the switch to this new standard because of its affiliation with Ripple.With Swift stating unequivocally that the migration will happen in November, financial institutions now face a firm obligation to finalize preparations. The consistent delays that have characterized ISO 20022’s rollout seem to end soon, and planning will now shift toward ensuring operational readiness within the fixed window.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 X, Facebook, Telegram, and Google NewsThe post SWIFT Directly Makes This Major Confirmation. Here’s What It Means for XRP appeared first on Times Tabloid.
You may also like
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."
$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?
Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders
The puzzle of the Romanian elections under digital manipulation.
Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents
Sentient is gathering builders and supporters from around the world (including Founders Fund, Pantera, Franklin Templeton, alphaXiv, Fireworks, OpenRouter, etc.) to jointly address the reasoning capability gap in enterprise AI.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
App