Prominent crypto researcher SMQKE (@SMQKEDQG) recently shared a post on X emphasizing a critical update regarding cross-border payments and the ISO 20022 standard. SMQKE shared a screenshot of a report highlighting the November 2025 final ISO 20022 migration deadline. This transition holds significant weight for financial institutions and digital asset communities closely following ISO 20022’s global implementation. The migration to ISO 20022 for cross-border payments—specifically through the CBPR+ messaging framework—has been repeatedly delayed. However, Swift has now definitively stated that the deadline is set and will be enforced. MAJOR CONFIRMATION DIRECTLY FROM SWIFT: “No more delays — THE NOVEMBER 2025 DEADLINE FOR ISO 20022 MIGRATION IS FINAL AND WILL NOT MOVE.” pic.twitter.com/miQ3VyqCA7 — SMQKE (@SMQKEDQG) May 4, 2025 Previous Delays and Current Timeline As detailed in a report by Finextra, the journey toward ISO 20022 adoption has faced several setbacks. The migration date was delayed by a year in 2020, pushing the timeline from November 2021 to the end of 2022. These delays were attributed to banks managing infrastructure decommissioning and transition efforts. The image SMQKE shared reveals a string of subsequent delays, as institutions across jurisdictions adjust. Despite the history of changes, Swift has confirmed that the November 2025 deadline for ISO 20022 CBPR+ migration is final. The report says, “The current deadline for cross-border payments will not move,” asserting a fixed timeline for implementation. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 CBPR+ and Swift’s 2025 Objectives CBPR+ refers to the ISO 20022-based standard specifically tailored for cross-border payments and related reporting. This shift is notable for the crypto space as many experts see XRP as a leader in the cross-border payments space and as the asset that could benefit the most. Swift’s CBPR+ working group is finalizing new usage guidelines in the transition. According to the update, these guidelines are expected by the end of 2025 and will contribute to another major phase in CBPR+ development. Additionally, hybrid postal addresses will be introduced and supported in that release cycle. Implications for Financial Institutions and XRP The confirmation from Swift is particularly relevant for entities building systems around the interoperability and messaging efficiencies promised by ISO 20022. While XRP itself is not ISO 20022 compliant , Ripple uses this standard in its payment product, and many believe XRP can benefit from the switch to this new standard because of its affiliation with Ripple. With Swift stating unequivocally that the migration will happen in November, financial institutions now face a firm obligation to finalize preparations. The consistent delays that have characterized ISO 20022’s rollout seem to end soon, and planning will now shift toward ensuring operational readiness within the fixed window. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post SWIFT Directly Makes This Major Confirmation. Here’s What It Means for XRP appeared first on Times Tabloid .
