Fedwire

The U.S. Federal Reserve has officially adopted ISO 20022 for its Fedwire Funds Service, with several cryptocurrencies including XRP, Stellar, Algorand and Cardano, already compliant with the new international messaging standard. Fedwire, the U.S. central bank’s real-time gross settlement system, is adopting the standard to enhance cross-border payments. This move comes as the global financial … Read more