Banks are experimenting with Ripple as it enables money transfers and can be seen as a replacement for the antiquated SWIFT system currently used by banks.
Unlike Bitcoin that can only handle up to about 7 transactions per second and Ethereum at about 15 transactions per second Ripples network can handle about 1,500 transactions per second!
Top 3 Cryptocurrency
XRP is an established Cryptocurrency that has been around since 2012 and is always in the top 3 and often only 2nd to Bitcoin in terms of Marketcap, its supporters beleive its is possible for it to reach $10 per coin within the next year or two.
Limited Coins in Circulation
XRP is not mined like Bitcoin or Ethereum, all the XRP coins have already been produced but only about 40% of XRP coins are circulating right now, the rest will be released on a predetermined transparent schedule.