Do banks really need Ripple ?

[Eben]

Although ripple do not really follow the decentralised Blockchain technology. It’s centralised and banks already are so banks do not really need it since they already operate well in that.

[fishbone]

The idea of coins is to nullify banks and its censorship. Why would banks deal with a coin. Banks don't need coins in general. Not only Xrp

Yea.Bank don't need Ripple.That's why there are so many banks that do not accept crypto coin because it will lessen their revenue.

[Sudarmono]

I think the bank really really needs a ripple for now in carrying out its activities to launch the bank's work system.

[Bitcoin_Play]

Banks already have the capability to send money anywhere in the world with no problem and they LIKE being able to charge fees for it.

[May]

Banks like now have the capacity to send money anywhere on the planet without problems and they like to have the capacity to charge for it. They cannot charge fees because there are no fees.
Ripples are usually not valuable altcoins. This completely ignores the main issue of concentrated crypto innovation.

[ayatoslaw]

I don't think that way, because forks and blockchain have special ways to discuss, and for this I think, that I don't want to ripple fork, why? look at the price that is still 0.4-0.5 usd, if fork, then how much is the ripple price later? most of the coins fork down, and I don't want ripple to experience that. although it could be after fork the price continues to rise.

[Seeyy]

ripples have very good technology that is very beneficial for banks, and maybe someday the bank will use its own blockchain technology.
for now I think the bank really needs ripples,

[totol02]

I have no experience about this. XRP can create their own blockchains. If they contract their coins with the bank, it improves the quality. According to my knowledge, there are many gamela to do this. But they do not support all kinds of coins. So all types of coins can not blockchains.

[Puncak_pelangi]

banks should be able to build themselves without ripples, but for now the ripples are really needed by the bank, and we can see the potential in the future.

[densuj]

I think yes because Good news for XRP as State Bank of India partners with Ripple, Coinbase adds XRP to its Custody Service, and Bill Clinton becomes the keynote speaker for Ripple's Swell conference.

https://coinfrenzy.io/sbi-coinbase-bill-clinton-ripple-xrp-price/

[troiano9]

simple answer is no, banks do not

[Bougenville]

I think the bank will need ripples so that ripples will be in demand by investors

[Ransow]

My opinion Ripple technology is the advance technology compared with all banks technologies hereby we can send and receive the payment very easily and very fastly but it's transactions fee is almost zero so nowadays many international banks are using Ripple technology and many deal with ripple technology.

[kent47400]

Banks take refuge from Ripple because it is obvious that Bitcoin is a serious threat to banks with decentralized systems.
So you can say that Ripple is the bank's protector from all cryptocurrency threats.

[enci55]

Banks can use Ripple (the core settlement technology) to gain a better cost-structure for real-time cross-border payments. This is the result of a more efficient technical settlement infrastructure (which has a direct impact on the costs of avoiding settlement risk). Banks can also gain more efficient processing and liquidity management capabilities by using products developed by Ripple Inc.