https://ambcrypto.com/xrp-was-piloted-with-12-banks-before-xrapid-launch-clarifies-ripple-executive/
Ripple’s Head of Government and Regulatory Relations for APAC and the Middle East, Sagar Sarbhai, recently spoke at a FinTech conference concerning the use of XRP by banks. He also revealed previously unknown information regarding banks and the creation of the xRapid product.
A lot has fomo'ed on this news and maybe the primary reasons, why the price spike in the last 24 hours. I'm not sure though, the whole argument that XRP is centralized and banking sector can someone control makes me to stay away with this coins. So for those who wanted to ride the hype train, just a fair warning, don't get yourself trap after the whole hype died down.