Payments

IDN FLOWS

stablecoin→USD→Fed rails→USD→stablecoin stablecoin → FEDX → stablecoin tokenized deposit1 → FEDX → tokenized deposit2 tokenized deposit1 → tokenized deposit1

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PARTIES

Federal Reserve Western Union SWIFT The Clearing House NACHA Payments Canada Early Warning Services National Securities Clearing Corporation (NSCC)

METHODS

Standard ACH Same Day ACH Wire transfer RTP RfP Credit cards Fedwire FedNow Zelle

Securities

ACATS ATON DRS DWAC FOP PEA

NETWORKS / RAILS

ACH CHIPS Image Exchange RTP SPEI BACS

IDENTIFIERS

RTN IBAN LEI BIC/SWIFT UID CLABE DTC TAN CUSIP ISIN SEDOL OCC Option Symbol FIGI

STANDARDS

• ISO 9362

• ISO 20022

• ISO 13616

• ISO 4217

• ISO 8601

• ISO 3166

• ISO 17442 Legal Entity Identifier (LEI)

• ISO 10383 Market Identifier Code (MIC)

• ISO 13616 International Bank Account Number (IBAN)

• ISO 9362 Business Identifier Code (BIC)

• RFC 4122

• RFC 3696

• RFC 3339

RESOURCES

https://www.theclearinghouse.org/-/media/New/TCH/Documents/Payment-Systems/RTN-Docs/RT-File-2025-05.txt https://www.theclearinghouse.org/payment-systems/rtp/rtn https://www.theclearinghouse.org/payment-systems/rtp/RTP-Participating-Financial-Institutions https://www.theclearinghouse.org/payment-systems https://www.theclearinghouse.org/uid-lookup https://www.theclearinghouse.org/payments-services/education https://www.swiftref.com/en/bicsearch https://www.ibm.com/docs/en/ftmfz/3.2.13?topic=mappers-mapping-pain00100103-isf https://www.dtcc.com/client-center/dtc-directories https://intercom.help/helpvest/en/articles/9005527-types-of-transfers-in-a-broker-an-expanded-educational-guide