In understanding why and how XRP is used or potentially interested by banks, we must take a look at the current international transactions that banks usually make. Thus, by considering integrating XRP into banks’ systems, it could bring benefits for both banks and customers based on the features of XRP. Another aspect for banks in considering XRP is the transaction costs and time associated with using XRP. In conclusion, I think banks would consider integrating XRP into their financial system for international transactions. Which banks use ripple XRP and why?.

Source: Forbes November 10, 2023 23:50 UTC