Do you believe banks around the world will be using XRP?

9 months ago

I know I believe in crypto and what the future holds for crypto holders, crypto investors, and crypto enthusiasts but I do not think banks hold the same beliefs you and I have about crypto and its future, so I say would it be 50/50 especially right now that the government and banks are still fighting crypto and are yet to embrace it because of their selfish interests and lack of knowledge understanding of crypto and the blockchain technology. Nevertheless, I have this feeling that maybe sometime in the future banks might come around to take advantage of the XRP features like fast transactions and low transfer fees but that is just my opinion it is not guaranteed.

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Sometime three years ago before the United States Securities and Exchange Commission (SEC) sued XRP, I held rumors here and there that banks were thinking about adopting XRP for their transactions but after the SEC sued XRP those rumors died off but now that XRP has won the lawsuit again SEC three years after who knows what would happen next. Since crypto is the future of the financial system and payment sector, the future of cross-border payments will be blockchain, and XRP is one of the leading blockchains in the crypto space. So I think there is a high possibility that banks will use XRP in the future. I do not think any bank will use the XRP token per se. But some will definitely use their services or maybe even use their ledger that is my opinion.

Some people think some banks are already using the XRP blockchain and there is a possibility that more we join, while some believe it will never happen Instead banks would rather create their own stablecoin or CBDC but not the question is if they do that, How will there own coin connect with an other bank?. I like to know what you think in the comment section below.

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