BAFT Whitepaper on Navigating ISO 20022, Stablecoins, and Digital Assets for the Next Era of Global Transactions

Developed by BAFT’s Payments Committee in collaboration with leading transaction banking professionals from across the industry, the white paper explores how banks can strategically navigate these converging trends while maintaining the highest standards of risk management, regulatory compliance, and operational resilience.

The publication examines several critical themes influencing the evolution of cross-border payments, including:

    • The strategic value and implementation lessons of ISO 20022

    • The emerging role of stablecoins, tokenized deposits, and digital assets in commercial banking

    • Opportunities to improve cross-border payment speed, transparency, and interoperability

    • Risk management considerations, including liquidity, cybersecurity, operational resilience, sanctions compliance, and anti-money laundering (AML) controls

    • Regulatory developments and global policy considerations

    • Practical use cases across correspondent banking, corporate treasury, trade finance, and commercial payments

    • The future role of banks within an increasingly interconnected digital payments ecosystem

Rather than viewing ISO 20022, stablecoins, and digital assets as competing technologies, the white paper demonstrates how these innovations can complement one another to support a more efficient, secure, and inclusive global financial system.

Sign in to access the white paper.

Note: This white paper is free for BAFT members. Non-members can it download it for USD$100.