I'm laugh when see many fools here buying fact that ripple is being used by banks.
Why banks would trust Ripple?
Troll. Its already been explained. And when they don't use XRP the XRP supply gets burned. Faster and cheaper to use XRP for banks. That's why they will use it.
Nothing besides VISA can transact as fast as XRP.
How about this?
Why don't we just forget about the banks altogether and talk about how much money it would save you or me to use XRP for transacting instead of Bitcoin or any of the coins that claim "fast transactions".
XRP will beat all of them. It wouldn't even be close. 50,000 times per second faster considering NO COIN does an instant transaction in 1 second here we have XRP doing that 50,000 times per second.
Right there there's tonnes of value without the banks involvement at all.