Concerted Effort to Thrust XRP to the Forefront of International Finance

A recent tweet by crypto researcher SMQKE highlighted a notable excerpt from Technocracy News, stating that Ripple’s move into ISO 20022 represents “a concerted effort to thrust XRP to the forefront of international finance.”

Ripple and ISO 20022 Compliance

The article excerpt presented in the tweet underscores Ripple’s alignment with ISO 20022, a standardized global messaging framework for financial institutions. The report emphasizes that Ripple’s adoption of ISO 20022 is not merely a marketing initiative.

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Instead, it positions Ripple’s token, XRP, as a mechanism for achieving rapid cross-border financial settlements. According to the report, XRP enables nearly instantaneous transactions and acts as a liquidity bridge in the international payments space.

One of the main points reiterated is Ripple’s role in enabling On-Demand Liquidity (ODL), which the article frames as a pivotal function of its blockchain. This function enables institutions to eliminate the need for pre-funded accounts in destination currencies, thereby offering a more efficient, lower-cost alternative to traditional correspondent banking systems. The alignment with ISO 20022 enhances the potential for interoperability across financial networks, especially in the context of emerging CBDC infrastructures.

Global Reach and Central Bank Collaboration

As the article points out, Montenegro currently uses the Euro, and any financial innovation involving digital currency issuance must be coordinated with European Union authorities.

The report suggests that Montenegro’s involvement with Ripple may indicate a broader shift among eurozone countries toward exploring blockchain-based financial systems.

Although the project in Montenegro remains in a development stage, the article suggests that such partnerships could serve as use-case demonstrations for Ripple’s technology in national monetary systems. It adds that Ripple’s technical solutions might pave the way for other countries within the eurozone to evaluate similar models.

Ripple’s Role in Asia’s CBDC Advancements

Another area of focus is Ripple’s partnership with Singapore’s FOMO Pay. The article reiterates that Ripple is working with the Singapore-based institution to enhance the efficiency of cross-border treasury flows.

FOMO Pay aims to use Ripple’s crypto-enabled enterprise infrastructure to support Singapore’s treasury operations via a CBDC-like product. This cooperation is portrayed as another example of Ripple embedding its technology within national-level financial systems.

According to the report, this Singapore collaboration demonstrates how Ripple’s enterprise blockchain solutions are already being used in central bank operations. It highlights Ripple’s capacity to integrate its technology into existing monetary systems without requiring a full overhaul of infrastructure.

The content shared by SMQKE draws attention to Ripple’s strategic positioning in the evolving financial ecosystem. The referenced article underscores that Ripple’s participation in ISO 20022 and partnerships with countries like Montenegro and institutions in Singapore are practical steps to thrust XRP and Ripple’s broader technology into future financial infrastructure.

By aligning with international standards and working closely with state and institutional actors, Ripple appears to be positioning itself as a central player in next-generation financial technologies focused on interoperability, real-time payments, and CBDC development.

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