🚨 Confirmed: DTCC ratifies the migration to ISO 20022 for July 2026.
The DTCC, the main settlement infrastructure of the financial market in the U.S., has officially reaffirmed its migration schedule to global financial messaging standards.
Through its functionality checklist (2026 Settlement Functionality Checklist), the entity details the key steps for the ecosystem:
• Focus on Q3: The main transition activities will be heavily concentrated during the third quarter.
• Key Milestone in July 2026: Adoption of the new ISO 20022 messaging format will be enabled, including compatibility with delivery orders, payment orders, and the management of positions/collateral on modernized platforms.
• Tokenization in Motion: Simultaneously, the schedule includes the launch of migration initiatives and asset tokenization frameworks expected for this same period.
The ISO 20022 standard is the new global standard for financial data exchange. Its mandatory implementation by giants like the DTCC drastically reduces friction between traditional banking and blockchain technology rails, facilitating real interoperability and accelerating the tokenization of real-world assets (RWA) at the institutional level.
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