XRP was initially perceived as being designed for banks, but it was actually created to empower individuals by bypassing banks and enhancing cross-border transactions.
The XRP Ledger (XRPL) was introduced as an open-source, public, borderless, instant, and eco-efficient platform, contrary to traditional banking systems.
Despite being potentially beneficial for banks, they didn't adopt XRP as it posed a threat to their established financial systems, offering global settlement, borderless swaps, and decentralized applications.
The real power of XRP lies in providing real-time liquidity, cross-chain interoperability, and financial access without permission, ultimately challenging traditional financial norms.