Fedwire Shakes Up Crypto Scene with ISO 20022 Adoption!

Hold onto your hats, folks! The U.S. Federal Reserve just threw a curveball with its Fedwire Funds Service now rocking the ISO 20022 standard. And guess who's already in the club? Cryptos like XRP, Stellar, Algorand, and Cardano are leading the charge, fully compliant with this hot new messaging standard.

Fedwire, the powerhouse real-time gross settlement system of the U.S. central bank, is jumping on this to supercharge cross-border payments. As the world goes wild for the latest and greatest in payment tech, it's all about speed, security, and that magic word: interoperability.

XRP, XLM, ALGO are ISO 20022 Compliant - Boom!

ISO 20022 isn't just playing around - it's already crushing it in multiple countries and now it's Fedwire's turn. Every financial institution tied to Fedwire will need to hop on this train to a unified global payments party. Mark your calendars: July 14, 2025, is when the magic happens for Fedwire.

Big banks are sniffing around for blockchain projects that vibe with ISO 20022, and those that do are set to soar. We're talking lightning-fast transactions and programmable settlements - all the good stuff blockchain brings to the table.

Leading the pack are Ripple's XRP, Stellar's XLM, Cardano's ADA, and Algorand's ALGO. Not far behind are Quant and Hedera. XRP? It's the king of cross-border crypto action, backed by Ripple's On-Demand Liquidity and a ton of banking buddies.

And hey, the market's loving it - XRP, XLM, and ADA are hitting some serious price levels over the last 24 hours.

ALGO Price - Bulls Charging to a 4-Month High!

Algorand's not just sitting pretty; it's skyrocketing after the Fedwire announcement. This layer-1 proof-of-stake blockchain is riding high.

The ALGO token's up 10% in the last day, pushing its weekly gains past 61% and breaking the $0.30 barrier. The rally's on fire with a 95% jump in daily trading volume, now over $688 million.

Over at Coinglass, Algorand's derivatives volume has shot up over 112% to $919 million. Open interest is climbing too, up 24% to more than $153 million. It's clear as day - the bulls are betting big on ALGO's future.