Community expectations have long been that banks would adopt XRP, but the reality has been disappointing. Amid a difficult year for the payments-focused cryptocurrency, Ripple’s CTO David Schwartz has recently taken to Twitter to discuss with community members why banks have been reluctant to adopt XRP as a bridge.
During an exchange with a member of the Ripple community last week, Schwartz explained that there are a set of obstacles Ripple is facing that has led to banks' reluctance to use XRP to settle cross-border transactions.
Schwartz wrote that he sees issues such as, “Regulatory uncertainty, last mile problems, fear of reprisals from existing partners," as preventing widespread adoption.
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https://cointelegraph.com/news/ripple-cto-tries-to-offer-answers-for-lack-of-adoption