Ex-Ripple Developer Brands XRP ISO 20022 Compliance Claim a ‘Charade’
A public dispute has erupted over XRP ISO 20022 compliance after investor Jake Claver claimed that XRP prioritized the financial messaging standard and processes over $434 billion daily. Former Ripple developer Matt Hamilton categorically refuted the narrative, calling the XRP ISO 20022 compliance assertion “a charade.” He emphasized that ISO 20022 is a messaging standard for banks and market infrastructures, not a token feature, and pointed out there is no ISO 20022 API in the XRP Ledger codebase. Hamilton acknowledged that Ripple, the company, joined the ISO 20022 Registration Management Group and that RippleNet can translate ISO 20022 messages — but stressed that these capabilities reside in the integration layer, not in XRP or its ledger. The debate clarifies the difference between Ripple’s corporate software stack and the open XRP Ledger. At press time, XRP traded at $3.22.
Neutral
The clarification over XRP ISO 20022 compliance corrects a marketing misconception but does not alter XRP’s underlying utility or regulatory status. Similar past disputes on technical claims around blockchain standards have had limited impact on token prices, as traders focus on on-chain metrics and real-world integrations. While the article may dampen speculative narratives, it is unlikely to trigger major market shifts. Over the short term, some traders may reduce ISO-related hype-driven positions, but in the long run, market sentiment will hinge on adoption, partnerships, and regulatory outcomes rather than messaging-standards debates.