π
The Bearable Bull is forecasting a surge in the value of XRP and other altcoins around November 19th. He mentioned the global payment network SWIFT's plans to fully launch the new ISO 20022 standard on November 19th.
ISO 20022 is a new messaging standard that allows for more data to be included in financial transactions and ensures compatibility across different systems. The Bearable Bull speculated that the new standard would βkick offβ in three days as part of a series of updates aimed at modernizing the global financial infrastructure.
π He believes that the timing closely aligns with Ripple's vision for cross-border payments and its cryptocurrency XRP. Ripple has been working for years to disrupt the outdated SWIFT system with its blockchain-based network. The company's leaders have met with representatives from the IMF, World Economic Forum, and other major financial institutions to promote XRP as a faster and cheaper intermediary currency. ππ°π