More than a month after Binance launched its stock trading business on June 1, early data suggest the product has found real demand, though that demand is concentrated rather than broad-based. Out of more than 7,000 tradable U.S. stocks and ETFs, over 700 had seen trading within the first month, implying roughly 10% instrument participation. For the week ending July 1, users added $193.3 million in net stock exposure, marking the second straight week above $190 million, after $227.3 million the prior week. Binance Research said 81% of net inflows came from emerging markets, while nearly 93% of stock-trading users were from those regions. Flows were heavily tilted toward technology. In the same week, tech absorbed $159 million, or 83% of total net inflows, with AI memory and semiconductors leading after Micron’s earnings. On the tokenized side, bStocks, launched on June 11, showed a distinct use case in off-hours U.S. equity trading: 44% of volume occurred outside regular U.S. market hours, and weekend activity averaged about $346,000 per hour. Still, Binance’s market share in tokenized equities remains uncertain as much of the broader on-chain activity appears to be captured by third-party issuers such as Ondo.

With just 13 days left until the November 22 deadline, SWIFT confirms no further delay. The US Fedwire has adopted ISO 20022, Europe completes migration, and digital assets like XRP and XLM align with the new standard, reshaping cross-border payments and crypto settlement.

SWIFT sets Nov 22 as final deadline for ISO 20022 migration; global banks rush to upgrade. US Fedwire already adopted; 70+ countries compliant. Crypto assets like XRP, XLM, and HBAR aligned with the standard may see new opportunities.

With only 13 days left before SWIFT’s migration deadline, banks worldwide are accelerating their ISO 20022 upgrades. The new messaging standard could improve cross-border payments and boost attention on crypto networks aligned with institutional settlement infrastructure.

SWIFT has reaffirmed that the November 22 ISO 20022 deadline will not be delayed again, pushing banks worldwide to complete cross-border payments migration. The shift could reshape payment infrastructure, compliance workflows, and digital asset settlement narratives.

SWIFT has reaffirmed that the ISO 20022 migration deadline will not be delayed again, leaving financial institutions 13 days to complete the shift for cross-border payments. The change is reshaping banking and digital asset settlement infrastructure worldwide.

Swift says 97% of payment instructions now use ISO 20022, marking the end of the coexistence period with MT messages. As the industry moves on, stricter deadlines, including the phaseout of unstructured address fields by November 2026, are set to raise compliance and data governance demands.

Swift says 97% of payment instructions now use ISO 20022, marking the end of the coexistence period with legacy MT messages. The shift sets the stage for stricter 2026 compliance requirements, especially around structured address data and system upgrades.