Saad Ullah
⬤ Ripple is ramping up its push into global payments as the company puts its technology front and center of next-generation cross-border transaction standards. More than 300 financial institutions already rely on RippleNet, showing serious adoption of the company's infrastructure for faster and more transparent transfers. The bigger picture here is Ripple's ongoing work supporting ISO 20022, which is becoming the global messaging standard for modern payments.
⬤ The world's financial system is shifting toward unified interoperability, with old-school fragmented processes just not cutting it anymore for digital commerce. ISO 20022 is already getting adopted in 70 countries and is expected to handle around 87% of global financial transactions by 2023. RippleNet is set up to help institutions connect to standardized APIs, cut down on operational headaches, and tap into a global network with consistent rules. XRP remains a key player in Ripple's ecosystem, built to support efficient and scalable transfers across borders.
The world's financial system is shifting toward unified interoperability, with fragmented legacy processes increasingly unable to meet the needs of digital commerce.
⬤ The company pointed out that its role in the ISO 20022 Standards Body lets it directly shape the future of cross-border payments. Ripple shared examples from partners who noted that remittance flows keep growing and better digital infrastructure is needed to unlock new revenue opportunities. With more than 45 countries and six continents represented in RippleNet's network, there's clearly growing demand for transparent settlement, faster liquidity movement, and less friction in international payment corridors.
⬤ Ripple's expanding position in global finance shows a broader shift toward advanced digital payment systems as institutions work to modernize their networks. The continued adoption of RippleNet and interest in ISO 20022-aligned platforms signal a real move toward unified standards, efficient settlement paths, and scalable distributed systems. As the financial sector adapts to these trends, assets like XRP remain closely watched for their potential role in this rapidly evolving cross-border infrastructure landscape.
Saad Ullah
