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ISO20022 Migration For Cross-Border Payments Has Begun
March 21, 2023
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(Dinarian Note: This is being sent out as a refresher, as many people were expecting to see assets volumes increase in assets such as XRP, XLM, XDC. Iso20022 migration(Countdown Clock) officially started yesterday, and ends in 2025, at which time ALL BANKS will be using the ISO20022 standard messaging format 100%. So called X-Coins as we call them are "ISO20022 compliant", which means they are authorized and CAN be used with the new messaging system. ISO20022 coins are NOT the messaging system itself... I hope this clears it up for some of you... KEEP HODLING, things will begin to accellerate more quickly now...) 

ISO 20022 is redefining the world of payments. But what is ISO 20022 and why so many countries and regions have been adopting it? 

ISO 20022: A definition

According to its official definition, ISO 20022 is “a single standardisation approach (methodology, process, repository) to be used by all financial standards initiatives.”

ISO 20022 applies to trade, securities, payments, foreign exchange, and cards and is set to become the de facto standard for high-value payments systems of all reserve currencies. By 2023, the multi part international standard will be supporting 80% of global volumes and 87% of value of transactions worldwide.

ISO 20022 Adoption across the world

The migration is happening at different pace across different schemes, regions, and countries.

Based on experience, it is possible to notice how low value and instant scheme typically migrate before high-value schemes for these are less complex and critical in nature.

To date, over 70 countries have already adopted ISO 20022 in their payment systems including Switzerland, China, India and Japan. The latter adopted the global standard in 2015, while in China, the China National Advanced Payments System (CNAPS2) – the country’s primary system covering both RTGS (Real-Time Gross Settlement) and ACH (Automated Clearing House) payments – was live using ISO 20022 messages in 2013.

Back in the West, the European Union was the first region in the world to deploy IS0 20022 XML message standards for retail payments. Decisive to this acceleration was the development of the Single Euro Payments Area (SEPA) and the migration to SEPA credit transfer and direct debit schemes in 2008 and 2009.

The migration in the Eurozone, however, is far from completed. The economic area is in the process of consolidating TARGET2 and TARGET2 Securities with the objective of replacing TARGET2 with a new RTGS system and optimising liquidity management across all TARGET Services. The new platform will be launched in November 2022, which is also the deadline indicated by the European Central Bank for the “Big Bang”. In fact, by November 2022 all EURO payments going through TARGET services will only be in ISO 20022 format.

In Australia MT and MX messages will co-exist between November 2022 and 2024. Singapore, on the other hand, is still defining its migration strategy which is scheduled for November 2021. Likewise, the UK and Hong Kong are still working on their strategy for 2022 while the US rolled out a 3-phase strategy with the aim to complete the migration by the end of 2024.

Despite the regional differences, all financial institutions processing SWIFT MT Category 1,2 and 9 series messages must be able to receive and process compliant ISO 20022 messages by November 2022, as announced early in 2020 by SWIFT (The Society for Worldwide Interbank Financial Telecommunication).

The benefits of ISO 20022

With over 200 payment types in scope, ISO 20022 brings a number of benefits to financial institutions:

  • By acting as a lingua franca among all the integrated systems and establishing an identical format of processing at all levels of the chain, ISO 20022 dramatically improves STP rates and reduces the maintenance costs for all the formats.
  • The higher level of detail required, and the identical standards, protocols and formats implemented allow better regulatory reporting, more efficient sanctions & AML validations as well as more effective claims & investigations.
  • ISO 20022 also improves the liquidity management by providing a new level of financial communication. By capturing more data in a uniform way, the standard enables the adoption of data analysis solutions and added value services that can provide customer insights and generate new revenue streams for banks (e.g. Request to Pay and e-invoicing).
  • Finally, ISO 20022 based transaction systems allow longer references for non-Latin alphabets, a functionality that was widely explored in China.

The future of ISO 20022: Could local variations jeopardise its benefits?

The ISO 20022 migration journey is progressing steadily worldwide. By 2025, all financial institutions will have to be able to process ISO compliant payment transactions.

High Value Payments Plus (HVPS+) and Cross Border Payments and Reporting (CBPR+) user groups were established to harmonise the standards between the various regions and make the migration of cross border high value payments as smooth as possible for banks and corporates alike.

While this process of global standardisation will clearly bring benefits for the wider financial industry, some high value payments systems operations have already showed their intentions of implementing local variations.

The Bank of England, for example, is mainly focusing their consultation papers on the UK market, proposing to implement specific purpose codes and very specific party requirements.

What does this mean for banks? The counter-pressure to localise the format will not compromise the benefits brought by ISO 20022. Use cases related to better and more structured data, improvements of STP-rates, reduction of financial crime, and many others, will remain relevant. However, maintaining multiple standards will not allow banks to reduce costs.

Additionally, the adoption of new data requirements at different times in different regions will require banks have to adopt an agile programme structure and target architecture to cope with this vast volume of change.

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BlackRock Is Manipulating The Price Of Bitcoin👀

Blackrock possess a strategic depth that goes far beyond initial appearances. When the general market perceives selling and traders respond with emotion, these major players are often operating on a much more profound level. They adeptly identify and leverage every available mechanism to influence market dynamics. Their power isn't in direct control of the asset, but in understanding how to move the market without ever taking direct ownership.

What entity has become the most prominent corporate champion of Bitcoin ($BTC)?

It's the one with the massive treasury holdings, known as Microstrategy.

 

However, the major strategic challenge lies here: the size of their Bitcoin position is fundamentally linked to their external financing, typically in the form of debt.

This reliance on significant debt creates an inherent vulnerability—a dependence on creditors and shareholders. When an entity's position is highly leveraged, that dependence makes them susceptible to market manipulation or strategic pressure from external financial forces.

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Blackrock is deploying a sophisticated combination of tactics: they simultaneously generate market volatility through strategic sales of the asset ($BTC) while accumulating shares in key corporate holders (the stock symbolized by $MSTR).

The deeper intent is to leverage this equity stake to direct the corporate strategy of the highly leveraged Bitcoin champion.

With a sufficiently large ownership percentage, this influence becomes highly effective. The resulting market power is therefore a function of both manipulating price movement and controlling corporate policy.

Is Microstrategy (the company represented by the $MSTR stock) vulnerable to this kind of pressure? The evidence suggests yes.

A substantial stake held by Blackrock grants them effective leverage to influence and manipulate the company itself.

When the company's shares experience a significant decline, the leadership is often compelled to take action, potentially buying back their own stock. This action is driven by the fact that falling share prices directly intensify financial and market pressure on the entire organization.

If the stock of Microstrategy continues a sustained decline, lenders will inevitably begin to re-evaluate and revise the terms of existing loans. This is a critical point of failure for the entire strategy.

The fundamental operational model of this corporate champion works like a closed loop:

  • It secures debt financing (taking loans) to acquire $BTC.

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Crucially, the ongoing interest payments on this substantial debt are often managed by the mechanism of issuing even more shares, creating a continuous cycle of dilution and reliance on a high stock price.

A major consequence of rising leverage is the escalating cost of borrowing, requiring Microstrategy to source even larger amounts of capital.

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In fact, the situation worsened: the company’s recent attempt to raise funds through a stock offering did not fully sell out. This failure directly resulted in a significant liquidity shortfall, hamstringing Microstrategy’s ability to meet its financial obligations and continue its asset acquisition strategy.

And the ultimate shock came when Microstrategy—the very entity that vowed it would never liquidate its holdings—began to sell.

These weren't insignificant trades; the sales were valued at billions of dollars.

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During my recent podcast interview with Joe Rogan (accessible here), I had mentioned the unfortunate circumstances, under which NASA had not released for four weeks the images collected by the HiRISE camera onboard the Mars Reconnaissance Orbiter. These images were taken on October 2–3, 2025, when the interstellar object 3I/ATLAS passed within 30 million kilometers from Mars. The images are extremely valuable scientifically because they possess a spatial resolution of 30 kilometers per pixel, about 3 times better than the spatial resolution achieved in the best publicly available image from the Hubble Space Telescope, taken on July 21, 2025 (accessible here and analyzed here). Whereas the Hubble image was taken from an edge-on perspective since Earth and the Sun were separated by only ~10 degrees relative to distant 3I/ATLAS, the HiRISE image offers a sideways perspective, valuable in decoding the mass loss geometry and glow around as it approached the Sun.

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Avi Loeb is the head of the Galileo Project, founding director of Harvard University’s — Black Hole Initiative, director of the Institute for Theory and Computation at the Harvard-Smithsonian Center for Astrophysics, and the former chair of the astronomy department at Harvard University (2011–2020). He is a former member of the President’s Council of Advisors on Science and Technology and a former chair of the Board on Physics and Astronomy of the National Academies. He is the bestselling author of “Extraterrestrial: The First Sign of Intelligent Life Beyond Earth” and a co-author of the textbook “Life in the Cosmos”, both published in 2021. The paperback edition of his new book, titled “Interstellar”, was published in August 2024.

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New Human Force
Join this Now! YOU have what it takes!

They are in our solar system, and in our event-stream in this Eternal Now.

Officialdom is clueless.

They think we are going to be at WAR with the Aliens.

Officialdom is very stupid.

Aliens is here. It’s not WAR. It’s Contention.

There is a difference.

Officialdom is clueless, still living in the last Millennium.

Aliens is here.

The Field in which we contend is This Eternal Now.

ALL HUMANS LIVE HERE, and ONLY HERE, in this

ETERNAL NOW.

It’s a Field of potentials, of pending Manifestation, this continuous event-stream of karma in which we have always lived our body’s Life.

This Eternal Now has always been our body’s Field of Contention.

The Aliens is here, in our Eternal Now.

Our common, shared, reality that we all continuously co-create now has Aliens.

It’s getting very complex in here.

Officialdom is clueless. They see the Aliens. They are freaking out. They think you are children, when it is their small minds, trapped in a reality that is only grit, mud, and ‘random chance’ who are childish.

Officialdom is stupid. They will and are reacting badly. As is their way, they are trying to hide shit from you. Silly grit bound minds don’t realize you can see everything from within the Eternal Now. They have yet to grasp that what they perceive as this Matterium, filled with ‘matter’, is but a hardening of our previous (past) internal states of being.

WAR happens in the Matterium.

Contention occurs within this Eternal Now where Consciousness shapes the manifesting event-stream.

YOU know this to be fact. You are a co-creator.

Contention with Aliens is happening in this instant in this Eternal Now.

Officialdom ain’t doing shit. They are still stuck in trying to move matter around to affect unfolding circumstances. That’s redoing the mirror trying to affect the reflection. Dumb fucks….

It’s up to US. To the New Humans. Those of us who live in this Eternal Now. Those of us who see that our body’s Lives (the Chain that cannot be broken) are expressions of the Ontology revealing itself to itself. It’s up to us guys.

We are not an Army. That’s a concept from the past, from before the emergence of the New Humans. We are a Force. A self-organizing collective with leadership resident in each, and every participant.

We are the New Human Force. By the time officialdom starts to speak about the Aliens in near-factual terms, we will already be engaging them in this Eternal Now.

By the time officialdom begins to move matter around (space ships & such) thinking it’s War, we will already be suffering casualties in this Eternal Now. That part is inevitable. It’s how we learn.

By the time officialdom realizes that some shit is going on in places and ways beyond its conception, we will already be pushing our dominance onto our partners in this First Contention, the Aliens. Nage cannot train without Uke.

Just as officialdom is scrambling to research the Ontology, this Eternal Now, and the event-stream, we will be settling terms with our new partners, the Aliens.

Come, join with us. It’s going to be a hellacious Contention.

We ARE the NEW HUMANS!

Together we are the Force that cannot be defeated.

Start YOUR training in this instance of this Eternal NOW.

Consume Neville Goddard videos as though all of human existence depended on YOUR mind and YOUR active, effective, imaginings!

It’s not a question of Mind over Matter as there is only Mind and it cares not for Matter. That’s residue.

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