G20 Payment Targets Set Deadlines but Do Not Name XRP or Stellar
Photo: TokenPost
The Group of 20’s cross-border payment targets set deadlines for speed and cost through 2027, but do not designate XRP or Stellar Lumens (XLM) as systems to meet them. G20 leaders endorsed 11 targets in 2021 covering wholesale payments, retail payments and remittances. The speed benchmarks are due by the end of 2027 and use different measures by payment type. At least 75% of wholesale payments are meant to be credited within an hour; for retail payments, funds must be available to recipients within that period. The same one-hour availability target applies to 75% of remittances in every corridor.
Source: TokenPost
