Cardano has been added to CoinMarketCap’s new “ISO 20022 compliant” category, placing ADA alongside XRP as the largest digital asset associated with the global banking-grade messaging standard. The development reinforces a broader narrative that blockchain ecosystems appear technically aligned with emerging banking standards.
Banks Shift to ISO 20022
For the uninitiated, the ISO 20022 defines how financial institutions format, structure, and exchange payment and transaction data. Although the framework does not certify cryptocurrencies, the standard sets the communication rules that banks and payment networks follow as they modernize their systems. Consequently, assets capable of supporting ISO 20022-compatible data formats are considered technically easier to integrate into regulated payment flows.
Meanwhile, Cardano now appears in CoinMarketCap’s curated list beside XRP, Hedera’s HBAR, and Stellar’s XLM. All four networks are built for efficient cross-border value movement, a trait that strengthens their association with next-generation financial messaging.
The renewed attention arrives as the global payments infrastructure undergoes one of its largest upgrades in decades. Banks, market infrastructures, and cross-border payment networks are shifting toward richer, more structured messaging formats. Thus, it creates opportunities for digital assets that can support enhanced data requirements.
Cardano Positions ADA for Open Banking Connectivity
Charles Hoskinson reinforced that perspective in a recent X post, sharing an infographic that outlined assets positioned to benefit from ISO 20022-aligned standards. He highlighted the importance of standardized messaging for open banking environments, where financial institutions interact with third-party platforms through unified APIs and data formats.
Notably, ISO 20022-ready networks stand to play a central role as financial institutions explore regulated ways to connect with blockchain-powered systems. The compatibility enables more streamlined data exchange between banks and decentralized networks, reducing the technical friction that typically slows integration efforts. Furthermore, standardized messaging serves as a direct bridge between traditional finance and the emerging digital-asset economy.
Meanwhile, the development comes as ADA’s market performance stabilizes, with Cardano trading near $0.41 on Tuesday, down slightly over the past 24 hours. Meanwhile, XRP has climbed 5% in the past 24 hours, touching $2.16 as broader crypto sentiment begins to recover.
Brenda Kanana
The CoinRemark Team
