Cryptocurrency Q&A Does ISO 20022 use XRP?

Does ISO 20022 use XRP?

Caterina Caterina Sun Oct 27 2024 | 5 answers 1296
The question arises from a need to understand whether the ISO 20022 standard, which is a universally recognized financial messaging standard, incorporates or utilizes XRP, a specific cryptocurrency. Does ISO 20022 use XRP?

5 answers

Nicolo Nicolo Tue Oct 29 2024
RippleNet adheres to the ISO 20022 standard.

Was this helpful?

241
57
Sara Sara Tue Oct 29 2024
XRP, the digital asset associated with RippleNet, enhances the speed of settlements.

Was this helpful?

247
80
CryptoMagician CryptoMagician Mon Oct 28 2024
Transactions conducted on RippleNet are verified almost instantly.

Was this helpful?

365
82
Claudio Claudio Mon Oct 28 2024
This rapid confirmation process is a stark contrast to traditional financial systems.

Was this helpful?

243
58
SumoPower SumoPower Mon Oct 28 2024
The quick settlement times of RippleNet are in harmony with ISO 20022's objective.

Was this helpful?

200
82

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts