Not for people who don't x.
I was about to be a smart ass and just said fuck it I'll be a nice guy. Yall either need to get and account or get me present for St Nicholas day which is 12/5
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What are the total of 7 coins listed for the new payment systems being developed for international trade and such? I think xrp hbar eth are 3 of them
The query likely refers to cryptocurrencies associated with new payment systems for international trade, specifically mentioning XRP, HBAR, and ETH as three of the seven coins. Based on available information, particularly from sources discussing ISO 20022-compliant cryptocurrencies, which are designed to enhance interoperability and efficiency in global financial transactions, I can identify a plausible list of seven coins commonly linked to such systems. ISO 20022 is a global standard for financial messaging that facilitates faster, cheaper, and more secure cross-border payments, making it relevant to international trade.The seven cryptocurrencies often cited in this context are XRP, HBAR, XLM, ADA, QNT, XDC, and ALGO. These coins are associated with platforms that either comply with ISO 20022 standards or are designed for high-speed, low-cost transactions suitable for international trade. Here’s a brief overview of each:XRP (Ripple): Native to the XRP Ledger (XRPL), XRP is designed for cross-border payments, settling transactions in 3–5 seconds with fees around $0.0002. It’s used by RippleNet for liquidity solutions and is ISO 20022-compliant, integrating with global financial systems like SWIFT.
HBAR (Hedera Hashgraph): HBAR powers the Hedera network, a proof-of-stake platform using hashgraph technology for high throughput (10,000+ TPS) and low fees ($0.001). It’s ISO 20022-compliant, supporting applications like micropayments and supply chain management, with governance by major companies like Google and IBM.
ETH (Ethereum): Ethereum is a leading smart contract platform. While Ethereum itself isn’t ISO 20022-compliant, its decentralized applications (dApps) can align with the standard, and it’s widely used in DeFi and trade-related smart contracts. Its transaction fees are higher, and settlement is slower (15–30 seconds), but its programmability supports international trade use cases.
XLM (Stellar): Stellar’s native token, XLM, focuses on fast, low-cost cross-border payments (3–5 seconds, ~$0.0001 fees) and is ISO 20022-compliant. It’s designed for interoperability with traditional finance, targeting unbanked populations and remittances.
ADA (Cardano): Cardano’s ADA uses a proof-of-stake consensus and is ISO 20022-compliant. It emphasizes scalability and security, supporting smart contracts and DeFi applications for trade finance. Transaction fees are low (~$0.17), with settlement in seconds.
QNT (Quant): Quant’s Overledger protocol enables interoperability between blockchains and traditional systems, aligning with ISO 20022. It facilitates cross-border transactions and trade finance by connecting networks, with fees varying by dApp usage.
XDC (XinFin): XDC Network is tailored for global trade and supply chain finance, offering hybrid public-private blockchain solutions. ISO 20022-compliant, it processes transactions in ~2 seconds with near-zero fees, making it ideal for trade-related applications.
These coins are frequently mentioned in posts on X and web sources as part of a “Quantum Financial Reset” or ISO 20022 adoption for modernizing global payment systems, including FedNow, Fedwire, SWIFT, and DTCC. Each serves distinct roles, such as XRP for liquidity, XLM for peer-to-peer payments, HBAR for quantum-resistant security, and XDC for trade finance.However, the identification of these seven coins relies on community discussions and speculative posts, which are not conclusive. Other coins like IOTA or DAG are occasionally mentioned but less consistently. If you meant a specific list or context (e.g., a particular platform or regulatory framework), please clarify, and I can refine the answer. For now, these seven are the most commonly associated with new payment systems for international trade based on available data.
18 posts
Explain ISO 20022
Blockchain technology
@noelnole