The network is decentralized and can operate without the participation of Ripple . As of the end of 2017, Ripple is among the top ten crips in terms of market capitalization, along with Bitcoin, Ethereum, and others.
The Ripple protocol is used by companies such as UniCredit, UBS or Santander, which are increasingly used by banks and payment networks as a computable infrastructure technology. The publication of American Banker explains this in that "from the point of view of banks, distributed registries, such as the Ripple system, have several advantages over cryptic currencies, such as bitcoin," including price and security.
Why do you say, it`s decentralized?This system doesn`t have mining, and is concentrated around bank systems, it`s just a way to control a world of crypto in minds of banks.You can correct me, if i`m wrong, just explain pls