XRP price again reaches the 3-dollar brand: Fed introduces ISO 20022 for Fedwire and Wal accounts reach new highs with 2,743 addresses
XRP price again reaches the 3-dollar brand: Fed introduces ISO 20022 for Fedwire and Wal accounts reach new highs with 2,743 addresses
XRP price exceeds the $ 3-background and current developments
On July 14th, the US Federal Reserve (FED) announced the introduction of ISO 20022 for Fedwire, which led to a significant increase in the XRP price to over $ 3. This decision not only has a positive impact on the price of XRP, but also shows the increasing acceptance of modern payment standards in the financial sector.
At the same time, it was found that the number of so-called "whale wallets"-addresses that hold large amounts of cryptocurrencies-reached an all-time high of 2,743 addresses. This indicates that more and more investors who have considerable capital invest in XRP or increase their stocks.
The combination of the introduction of ISO 20022 by the Fed and the increase in whale wallets suggests that interest in XRP increases not only from private investors, but also from institutional investors. ISO 20022 is a modern news protocol that is intended to enable a uniform data transfer between financial institutions and thus potentially increases efficiency and transparency in payment transactions.
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