news 
Ripple (XRP) and Stellar (XLM) have recently announced their alignment with SWIFT’s Global Payments Innovation (gpi) protocol, a significant shift in the blockchain and cryptocurrency landscape. This development is crucial for the sector’s growth as it allows for seamless communication between financial institutions and payment systems.
According to recent reports, both Ripple and Stellar have strategically aligned with SWIFT’s ISO 20022 messaging standards. These protocols are being widely adopted by central banks and domestic clearing systems globally.
Ripple’s architecture, in particular, enables liquidity bridging across borders, while Stellar is optimized for remittance use cases that cater to compliance requirements. Stronghold (SHX) has also made significant progress, as it operates within the U.S. financial system as a registered participant under NACHA, allowing token-to-bank routing over established rails. This facilitates real-time asset conversion in environments where regulatory compliance is a must.
The significance of these developments lies in their potential to bring about a paradigm shift in global financial transactions. With institutions like Ripple and Stellar aligning with SWIFT gpi and ISO 20022, the landscape has become more conducive for scalable and compliant innovation.
It is essential to note that the U.S. Federal Reserve’s adoption of ISO 20022 as part of its wire transfer system highlights the importance of regulatory alignment in this sector. The report emphasizes the benefits of adopting a standardized infrastructure that enables institutions to meet evolving regulatory requirements, reduce operational costs, and bring innovative products to market.
As a result, Mr. Man, a well-respected crypto proponent, asserts that assets such as XRP, XLM, SHX, QNT, and LINK will emerge as foundational components of the system due to their ability to support use cases ranging from liquidity bridging to compliance monitoring and network interoperability.
It is evident that Ripple and Stellar have taken a crucial step in harmonizing with SWIFT gpi, ISO 20022, and central bank use cases.
Source: timestabloid.com
