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Which crypto coins are compatible with the ISO 20022 standard?

avatarRezby SnggacalaNov 29, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrencies that are compatible with the ISO 20022 standard? I'm interested in knowing which coins can be used within the ISO 20022 framework for financial transactions.

Which crypto coins are compatible with the ISO 20022 standard?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Sure! The ISO 20022 standard is a common language for financial transactions, and while it primarily focuses on traditional banking systems, some cryptocurrencies have started adopting this standard as well. Currently, the most notable crypto coins that are compatible with ISO 20022 include Ripple (XRP), Stellar (XLM), and Chainlink (LINK). These coins have integrated the ISO 20022 messaging format into their protocols, allowing for seamless interoperability with traditional financial systems.
  • avatarNov 29, 2021 · 3 years ago
    ISO 20022 compatibility in the crypto world is still in its early stages, but there are a few other coins worth mentioning. One such coin is VeChain (VET), which aims to provide supply chain management solutions and has implemented ISO 20022 to enhance its transactional capabilities. Another coin to consider is Cardano (ADA), which is known for its focus on interoperability and has plans to incorporate ISO 20022 in its future updates. These coins are paving the way for broader adoption of the ISO 20022 standard within the cryptocurrency ecosystem.
  • avatarNov 29, 2021 · 3 years ago
    As a representative of BYDFi, I can confirm that our platform supports ISO 20022 compatibility for a wide range of cryptocurrencies. We believe that embracing industry standards like ISO 20022 is crucial for the growth and development of the crypto space. By integrating ISO 20022, we ensure that our users can seamlessly transact with various crypto coins within the framework of this widely accepted standard. If you're looking for a platform that supports ISO 20022 and offers a diverse selection of compatible cryptocurrencies, BYDFi is a great choice.