Coins based on the ISO 20022 standard are attracting attention due to their potential use in the new global financial system. These coins are designed to be compatible with banking and financial institutions. The growth of such coins by 2025 may be driven by several key factors.
Popular Coins Based on ISO 20022
Some of the cryptocurrencies that are already or could be ISO 20022 compliant are:
1. Ripple (XRP) is a leader in international payments.
2. Stellar (XLM) – supports fast and cheap cross-border transactions.
3. Quant (QNT) – Focuses on providing interoperability between blockchains.
4. Algorand (ALGO) – supports the creation of central bank digital currencies (CBDC).$ALGO
5. Hedera Hashgraph (HBAR) - focused on enterprise use.$HBAR
6. IOTA (MIOTA) – used in the Internet of Things (IoT).$IOTA
These cryptocurrencies integrate with financial standards, making them suitable for use with banks, payment systems, and central bank digital currencies (CBDCs).
Reasons for possible growth of coins in 2025
1. Implementation of ISO 20022 standard:
In 2025, ISO 20022 is expected to be widely adopted for payment processing by banks and financial institutions around the world. This will create demand for cryptocurrencies that already comply with this standard.
2. Development of central bank digital currencies (CBDC):
Many countries are already testing or planning to launch CBDCs. ISO 20022 compliant coins are likely to be integrated into this ecosystem. This will increase their use and value.
3. Growth in the volume of cross-border payments:
The need for fast and cheap international transfers continues to grow. ISO 20022-based technologies such as XRP and XLM offer solutions that can replace traditional systems such as SWIFT.
4. Institutional acceptance:
By 2025, large banks, corporations and financial institutions may begin to actively use ISO 20022 compliant cryptocurrencies in their processes.
5. Automation and smart contracts:
Using smart contracts on blockchains that support ISO 20022 will enable automation of financial transactions, reducing costs and increasing efficiency.
6. Reducing volatility:
Increasing real-world usage of coins could stabilize their price, making them more attractive to institutional investors.
7. Global economic changes:
The financial system will be reshaped by new technologies, economic instability, and crypto market regulation. This will create demand for coins with real utility.
What can contribute to success?
• Regulatory Acceptance: ISO 20022 coins are already designed with financial standards in mind, making them less vulnerable to bans.
• Partnerships: These projects are already actively collaborating with banks and companies. For example, Ripple collaborates with large banks, and Stellar with MoneyGram.
• Technological superiority: Coins built to work with ISO 20022 already have robust networks in place to ensure fast and secure transaction processing.
If the global financial system continues to move towards digitalization and integration of blockchain technologies by 2025, ISO 20022-based coins could become key assets in this new economy.
