New Document: XRP Can Drastically Reduce Friction In Cross-Border Payments

Crypto researcher SMQKE recently drew attention to the potential efficiency gains that could come from combining XRP with ISO 20022 data ￰1￱ a post, SMQKE wrote, “XRP + ISO 20022 DATA STANDARDS COULD DRASTICALLY REDUCE FRICTION IN CROSS-BORDER PAYMENTS.” The researcher’s comment reflects an ongoing narrative that positions XRP and the ISO 20022 standard as complementary elements in addressing inefficiencies in international financial ￰2￱ + ISO 20022 DATA STANDARDS COULD DRASTICALLY REDUCE FRICTION IN CROSS-BORDER PAYMENTS Documented. ￰0￱ ￰3￱ — SMQKE (@SMQKEDQG) September 19, 2025 Understanding ISO 20022 ISO 20022 is an international financial messaging standard that establishes a common framework for payment ￰4￱ allows for structured, detailed, and machine-readable information to be transmitted with each payment ￰5￱ eliminates many of the limitations of legacy systems, where data fields were constrained and often led to incomplete or truncated ￰6￱ offering richer detail, ISO 20022 enables greater automation, improved reconciliation, and more efficient compliance ￰7￱ has been adopted by major central banks , clearinghouses, and global payment networks as part of a phased migration process, to establish one uniform standard across the ￰8￱ benefits of ISO 20022 are frequently described in terms of reducing ￰9￱ structured data means fewer delays caused by manual interventions, improved interoperability across institutions, and enhanced capacity to meet regulatory ￰10￱ the context of cross-border transactions, this standard addresses one of the most persistent pain points: inconsistent and insufficient data that disrupts payment processing and increases cost.

XRP’s Role in Settlement XRP is widely discussed for its ability to provide near-instant settlement with low transaction ￰11￱ XRP Ledger processes transactions in a matter of seconds and imposes minimal fees, often measured in fractions of a ￰12￱ argue that these characteristics make it well suited for cross-border use cases where cost and speed are critical ￰13￱ combined with ISO 20022, the claim is that institutions could achieve both fast settlement and clean, detailed payment ￰14￱ logic is that XRP reduces the settlement layer friction while ISO 20022 ensures that the information carried alongside payments is precise and ￰15￱ is the scenario highlighted by ￰16￱ describe a framework where XRP’s efficiency and ISO 20022’s structured data work together to address the long-standing challenges of cross-border ￰17￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Adoption and Implementation Considerations While the combination appears compelling, its practical application depends on adoption across the financial ￰18￱ 20022 is being rolled out gradually by major banks and financial market infrastructures, but the migration is complex and requires significant technical adjustments.

Similarly, for XRP to be integrated effectively, institutions must align settlement processes with messaging frameworks and ensure compliance with regulatory ￰19￱ : This content is meant to inform and should not be considered financial ￰20￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰21￱ are advised to conduct thorough research before making any investment ￰22￱ action taken by the reader is strictly at their own ￰23￱ Tabloid is not responsible for any financial ￰24￱ us on X , Facebook , Telegram , and Google News