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HomeCryptocurrencyXRP Payments and Settlements Officially Seen Inside ISO20022 Code

XRP Payments and Settlements Officially Seen Inside ISO20022 Code

Claims have resurfaced regarding XRP’s presence within enterprise blockchain infrastructure, with commentary asserting that XRP appears directly within ISO 20022-related code through its integration with RippleNet and R3 Corda.

The shots shared alongside the post show a code snippet containing references to XRP-related modules. The renewed attention has led to clarifications from community members who examined the origins of the material and provided the surrounding technical context.

Examining the Referenced Code Snippet

The screenshot shared by the commentator includes imports from a Kotlin file named VerifySettlements.kt. It displays modules such as XrpOracleService, XrpPayment, and XrpSettlement, alongside components referencing SWIFT and token types. The file appears structured to demonstrate interoperability between payment types within a settlement framework.

However, community researchers pointed out that the file is not recent and does not represent active infrastructure tied to ISO 20022. Instead, it originates from an older Corda Settler repository intended as part of a proof-of-concept.

Corda Settler’s Original Purpose

The explanation provided by another analyst emphasises that Corda Settler was designed to enable settlement flows between R3 Corda’s private networks and external payment or blockchain systems. It was positioned as an experimental decentralized application used to test multi-rail settlement.

Within the repository, modules existed for XRP, XDC, and a SWIFT representation, reflecting an attempt to demonstrate cross-system compatibility rather than production-grade functionality.

The repository shows no development activity for more than six years, and unresolved issues indicate that the tool could not be reliably used even during its experimental phase.

Corda Settler functioned only as a conceptual bridge, aiming to show that private networks could settle obligations using external digital assets or messaging systems.

The inclusion of XRP modules was part of this testing environment and not an operational linkage to ISO 20022. The codebase also contained insecure practices such as private keys stored in plain text, reinforcing its status as an incomplete prototype.

Clarifying the ISO 20022 Connection

The statement addressed by the community highlights that the presence of XRP modules in this abandoned code repository has no technical or operational relationship to ISO 20022. The experimental application was not integrated into any production messaging standard, and no evidence suggests that it was used for compliant financial operations.

Comments also noted that R3 removed references to Corda Settler from its website after the project was discontinued, leaving behind only an outdated webinar page from 2018 containing non-functional links.

The images shared do indeed show XRP-related modules within a legacy Corda Settler file, but the broader interpretation linking the snippet to ISO 20022 or current enterprise systems is inaccurate.

The repository belongs to an abandoned proof-of-concept designed to test settlement interoperability across networks, not an implementation tied to modern financial messaging standards.

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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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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