The growing use of ISO 20022 in financial messaging has prompted questions about how digital assets could interact with traditional payment systems.
Crypto researcher SMQKE has highlighted XRP as a cryptocurrency that could benefit from wider adoption of the standard, while suggesting that Bitcoin could face challenges to one of its commonly cited payment-related use cases.
SMQKE shared an excerpt discussing ISO 20022, central bank digital currencies (CBDCs), and the potential impact of standardized financial messaging. The researcher summarized the material by writing, “ISO 20022 MAY CUT THE KNEES OFF BITCOIN WHILE BENEFITTING XRP”
SMQKE Highlights XRP’s Potential Role
The excerpt shared by SMQKE on X examines how ISO 20022 could support interoperability between different CBDCs. It explains that the standard could provide a common language for payment requests and orders, allowing different digital currencies to interact more efficiently within financial systems.
The document also suggests that companies and individuals could eventually transact in whichever digital currency suits their needs without facing technical barriers between different payment networks.
SMQKE then highlighted a section that specifically mentioned XRP. The excerpt states that XRP could benefit from ISO 20022 adoption and describes XRP as a cryptocurrency that could operate alongside CBDCs within centralized payment systems.
‼️ISO 20022 MAY CUT THE KNEES OFF BITCOIN WHILE BENEFITTING XRP‼️
“However, one crypto that could benefit is XRP, the currency used on the blockchain-based payment system Ripple.☝️
This is one cryptocurrency that will be compliant with the ISO 20022 standard allowing it to… https://t.co/zbRkoPL4oM pic.twitter.com/WIAHY61eo5
— SMQKE (@SMQKEDQG) September 28, 2026
Bitcoin Faces a Different Question
The excerpt also discusses how ISO 20022 could affect the role of cryptocurrencies in the financial system. It suggests that greater interoperability between CBDCs could reduce the need to rely on cryptocurrencies as an alternative to centralized payment systems.
According to the passage, standardized messaging could allow different digital currencies to operate more easily within existing financial infrastructure, potentially weakening one argument for cryptocurrencies like Bitcoin.
SMQKE connected this point to Bitcoin by suggesting that ISO 20022 could “cut the knees off Bitcoin,” while identifying XRP as a cryptocurrency that could benefit from greater integration between digital assets, CBDCs, and traditional payment systems.
However, not everyone agreed with that interpretation.
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Macro Bombastic Responds to SMQKE
Macro Bombastic, a product marketer at CoinMarketCap, responded directly to SMQKE’s post with a different view of Bitcoin’s relationship with ISO 20022.
“tbh btc doesn’t need iso approval to keep doing its thing,” Macro Bombastic wrote.
The comment points out that Bitcoin doesn’t depend on ISO 20022 approval to operate. Bitcoin runs on its own decentralized network, while ISO 20022 provides a standardized format for financial messaging.
SMQKE’s post focuses on how financial institutions could use standardized messaging alongside digital assets and CBDCs. The researcher’s comments place XRP within that potential environment while questioning how much ISO 20022 adoption could affect Bitcoin’s position in payment systems.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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