A recent video shared by crypto researcher SMQKE (@SMQKEDQG) has brought renewed focus to SWIFT’s latest comments on the future of ISO 20022.
In the video, SWIFT representatives explained that the organization is extending the ISO 20022 data model to application programming interfaces (APIs) to prepare the global financial system for a data-driven economy.
The announcement reinforces SWIFT’s belief that adopting a shared financial messaging standard can connect both traditional and digital markets through a common data language.
‼️OFFICIAL SWIFT VIDEO CONFIRMS ISO 20022 WILL ACCELERATE DIGITAL ASSET ADOPTION THROUGH OPEN APIs‼️
Watch.😶🌫️👇 pic.twitter.com/qDLFd3yRhC
— SMQKE (@SMQKEDQG) October 25, 2025
The ISO 20022 Standard
SWIFT stated that ISO 20022 “isn’t just about doing better what is done today,” describing it as a key to entering “data-driven markets enabled by APIs,” including open finance and digital assets. It added that APIs form “the foundation for tomorrow’s data-led economy,” urging developers to adopt the standard to help unify future financial systems.
Ripple, one of the first ISO 20022-compliant blockchain firms, has long positioned XRP as a bridge asset to connect traditional banking infrastructure with real-time digital settlements. Its network was designed for interoperability across financial networks, aligning closely with SWIFT’s new vision.
This focus on standardized data and seamless cross-border exchange has renewed debate among XRP supporters over whether Ripple’s XRP-powered technology could naturally integrate into the global ISO 20022 framework.
Renewed Debate Among XRP Supporters
Members of the XRP community responded quickly to the remarks, revisiting the long-standing theory that ISO 20022 could serve as a bridge between traditional banking networks and XRP-based payment systems.
However, one commenter questioned SWIFT’s apparent claim of leading the ISO 20022 initiative, arguing it conflicted with how the standard developed.
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Another commenter pointed out that distributed ledger technologies such as RippleNet and Corda were engineered from inception to integrate directly into ISO 20022-based banking systems, requiring no additional data translation layers. It highlights the work that has been done to comply with this standard outside SWIFT’s systems.
Optimistic members of the community interpreted the statement as a sign that ISO 20022-compliant digital assets could soon see significant growth. Another participant took a broader view, suggesting that once ISO 20022 becomes standard across APIs, it will naturally evolve into an on-ramp for all financial data exchange, further connecting legacy systems with blockchain infrastructure.
Building a Unified Financial Framework
For years, XRP advocates have argued that Ripple’s technology aligns with ISO 20022’s vision of interoperable global payments.
Although SWIFT’s statement did not mention Ripple directly, its overlaps in objectives, including interconnectivity, data consistency, and digital asset readiness, continue to fuel discussion of the role XRP can play in SWIFT’s system.
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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