1️⃣ Being ISO 20022 “Certified” or Fully Compliant
• Imagine ISO 20022 as a universal language for banks.
• If a crypto is fully ISO 20022 certified, it means it speaks the same language as banks in every transaction—every field, code, and format is standardized exactly.
• Banks could technically plug it into their systems without translation, just like using the same plug for electricity.
• ✅ This is the highest level of compatibility.
Example analogy:
It’s like a USB-C cable that perfectly fits your laptop and charger. No adapters needed.
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2️⃣ Being “Aligned” with ISO 20022 (like XRP)
• Being “aligned” means the crypto can work with ISO 20022 messaging, but it’s not necessarily fully certified or universally used by banks yet.
• The crypto can send/receive transactions that match the ISO 20022 format, but banks might still need some translation or integration steps to fully adopt it.
• ✅ This is more like being compatible, but not plug-and-play.
Example analogy:
It’s like having a USB-C cable that mostly works with your laptop, but sometimes you need a small adapter to make it fit perfectly.
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3️⃣ XRP Example
• XRP is aligned with ISO 20022, meaning it’s designed to fit into the banking messaging standard, which is why many banks trial it for cross-border payments.
• But XRP isn’t automatically used by every bank in the ISO 20022 network—integration is still required, so “aligned” doesn’t mean “adopted by all banks yet.”
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💡 Key takeaway for people:
• ISO 20022 “compliant” = plug-and-play for banks.
• ISO 20022 “aligned” = designed to fit, but may need some adapters or adoption work.
