This obsolete payment standard, full of bureaucracy and eternal delays, has an expiration date: November 22, 2025. On that day, SWIFT says “goodbye” to its legacy MT formats and requires all cross-border payments to migrate to ISO 20022, the new king of global financial messaging. More rich data, more speed, more integration with the real world.
Blockchain efficiency!
ISO 20022 is not an exclusive club of banks. It opens the doors to blockchains that are already ready to uncollapse the system. The chosen ones, or at least those that align perfectly, are: