A few years ago, SWIFT’s ISO 20022 financial messaging standard was announced, with which some cryptocurrencies are also compatible.
However, cryptocurrencies compliant with the ISO 20022 standard are few, and have recently shown interesting performance in bull and bear markets.
ISO 20022 encryption
The world’s two major digital currencies, Bitcoin and Ethereum, are not compatible with the ISO 20022 standard.
On the other hand, one of them was born in 2009, and the other in 2015, many years before this standard was issued.
It appears that the main encryption compatible with the ISO 20022 standard is XRP By Ripple, although it was created in 2012.
The fact is that, unlike Bitcoin and Ethereum, Ripple is a private company, and although the XRP blockchain (XRP Ledger) is decentralized, the development of XRP is effectively guided by Ripple.
This means that while no one could individually decide that Bitcoin and Ethereum should be compatible with the SWIFT standard, Ripple, on the other hand, could decide that XRP would become so, and thus introduced those changes that made XRP compatible with the ISO. . 20022 standard.
XLM di Stellar is also compatible, also because it was born as a decentralized branch of Ripple, and in a way has followed its developments over time.
Other ISO 20022 compliant cryptocurrencies are ADA from Cardano, HBAR from Hedera, ALGO from Algorand, and QNT from Quant.
IOTA and XDC should be added to these.
In total, eight ciphers are known to be compatible with the SWIFT standard.
ISO 20022 standard
ISO 20022 is a standard created by SWIFT to harmonize information transferred between financial institutions.
It is therefore a standard that coordinates communications between different financial entities, making possible automatic communication between their systems.
It should be remembered that SWIFT is currently the most important interbank payment system in the world, operating for more than 50 years.
L’ISO in turn is the International Organization for Standardization, i.e. a global non-governmental organization headquartered in Geneva, Switzerland.
The transition to the new ISO 20022 standard began in 2022 and should be completed by 2025. ISO 20022 will replace the current SWIFT messaging system, so all financial institutions will have to adapt to it.
XRP: Ripple crypto in ISO 20022
XRP is definitely the world’s leading ISO 20022 compliant cryptocurrency.
If its price until October 2024 was less than $0.6, then with Trump’s victory it rose first to $1.1, then to $2.7.
In the past few days, it has surpassed $3 for the first time in the past seven years and has surpassed $3.2.
The XRP boom in 2025 could also be due to the fact that it is the world’s main ISO 20022-compliant cryptocurrency.
Note that the all-time high is still at $3.8 in January 2018, but that was the result of a dramatic speculative bubble that within a month saw it achieve a staggering +1,400%. During the subsequent bear market, it fell below $0.2.
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Ada
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The second largest cryptocurrency by market cap that is ISO 20022 compliant is the ADA of Cardano.
ADA also performs well in bullish and bearish cryptocurrency markets.
In October 2024, its price was less than $0.4, but after Trump’s victory it rose to more than $1.2.
However, unlike XRP, the rally has not continued into 2025, at least for now.
It should also be said that the all-time high of $3.1 in 2021 certainly still seems far away, even if the impact of ISO 20022 on ADA through 2025 has not yet been seen.
Its current price level is slightly higher than its peak in 2018, so its situation is different compared to that of XRP.
XLM and HBAR
The market performance of XLM is in some ways similar to that of XRP.
Unlike XRP, which at the end of 2020 began facing serious issues with the SEC that were resolved only last year, XLM hit an all-time high in 2021, above the $0.9 mark.
In October 2024, its price was below $0.1, and with Trump’s victory it rose above $0.5. Right now, it’s just below that threshold, which means it’s still a little away from the 2021 highs, but not far from the 2018 highs.
HBAR, on the other hand, has only been around since 2019 and has had a different direction.
In fact, the all-time high reached in 2021 is only slightly higher than the recent peak, so much so that its rise could also be directed there.
In October 2024, its value was less than $0.05, and with Trump’s victory, it was a real boom that took it above $0.36. After falling back to $0.25, during 2025 it appears to be embarking on a new rally, similar in some ways to the XRP rally, even if it is slightly higher than the peak it reached last December.
ALGO and IOTA
ALGO and IOTA are still suffering severely, if analyzed for their entire existence.
ALGO remains at -85% from its all-time highs, and IOTA is at -90%.
However, come 2025, there are timid signs of a possible recovery.
ALGO price rose from $0.1 to $0.5, although it is still a long way from $3.2 in 2019, while IOTA price rose from $0.1 to $0.4, remaining a long way from $5.7 in December 2017.
Either way, these rates are still a long way from the 2021 peaks, which nonetheless suggests they could have great potential in theory. However, the problem is that in the long term, cryptocurrency projects seem to be in clear decline.
QNT and XDC
QNT is currently at -72% from highs, while XDC is only -30%.
They are two cryptocurrencies whose market trends differ, even if in both cases they are linked to the general trend of the cryptocurrency markets.
QNT struggled a lot until October 2024, when it was still near the lows of the 2022 bear market.
This last logic also applies to XDC, but with Trump’s victory, it was a real boom. Between November and December, it rose from $0.03 to $0.09, then continued to grow in 2025 to more than $0.13.
Instead, the value of QNT rose between November and December from $56 to $165, but then fell to less than $120.
