Can Pi Network’s ISO 20022 Move Catch Up to XRP and Stellar?

ISO 20022 is a global standard for financial information exchange, replacing fragmented systems to enable secure, data-rich cross-border transactions, with full implementation expected by November 2025 via systems like SWIFT and Fedwire. Pi Network plans to adopt this standard in three stages leading up to the November 22, 2025, activation, leveraging its 50 million user base to introduce enhanced cross-border payment tools, secure wallets, and a DEX, aiming to integrate with banking systems. However, Pi Network faces stiff competition from the established XRP Ledger and Stellar Network, both already ISO 20022 compatible and known for institutional-grade remittances and financial inclusion, respectively. Pi Network's success hinges on building institutional trust, achieving regulatory compliance, securing liquidity, and demonstrating real-world adoption beyond its technical upgrade to compete effectively, with potential scenarios ranging from becoming a third major player to failing to achieve meaningful scale.

(Source：Cointelegraph)