What Is the ISO-20022 Standard?

ISO-20022 is a financial messaging standard established by the International Organization for Standardization. It enables electronic payment or transaction data exchange between banks and payment systems. By standardizing message formats, data fields, and structures, it enhances interoperability, security, and transparency for cross-border payments, securities trading, clearing, and reporting.

More banks and financial institutions are transitioning from legacy messaging systems to ISO-20022, which supports richer and more structured data content.

Solana and ISO-20022: Latest Developments

As of 2025, Solana does not natively support ISO-20022. Solana’s architecture is not based on this messaging standard. However, third-party providers and middleware are actively enabling Solana transactions and select financial applications to be converted into ISO-20022 format to integrate with legacy financial systems. The standard itself continues to evolve. Some regulatory authorities have announced support for tokenization tools and blockchain wallet identifiers within messaging platforms.

Solana Price Update

• SOL currently trades between $244 and $250, with approximately 0.5% volatility over the past 24 hours.
• SOL maintains a multi-billion dollar market capitalization, securing its position among the top cryptocurrencies.
• The price posted modest gains over the past week. Stronger growth over the past month reflects bullish market sentiment.

Why Doesn’t Solana Natively Align with ISO-20022?

• Design Differences: Solana’s transaction and smart contract formats do not directly match ISO-20022 message formats.
• ISO-20022 is a messaging standard, not a blockchain compliance certification; therefore, Solana does not appear on typical “compliant coin” lists.
• Even if technical bridges exist, integration still requires approval and cooperation from banks, payment processors, and regulatory bodies.

What Would Solana Need to Do to Migrate or Comply?

• Develop modules that generate or convert messages compliant with ISO-20022.
• Collaborate with banking and payment infrastructure providers on pilot projects.
• Ensure transparency, security, and regulatory compliance.
• Implement practical cross-border payment and clearing use cases.

What Should Investors Watch For?

• Look for genuine adoption cases, rather than just compliance-focused marketing by projects.
• SOL’s price gains indicate market optimism; however, these gains do not directly reflect progress on compliance.
• XRP, Cardano, and Quant may be progressing toward compliance more quickly than Solana.
• New investors should monitor long-term trends. ISO-20022 adoption may drive broader acceptance of digital assets.