I was reading one article few months back that XRP is created for financial/bank settlement purpose. Is that true? And if , bank already started using it?
I've read about XRP establishment for Bank settlement purposes and I'm certain it's true, but you need to understand that every project in the cryptocurrency space is still awaiting mass adoption, I believe xrp has been serving its purpose in some areas, but it's potential is yet to be fully utilized. Hopefully, as we progress in the space it would gain more recognition and adoption.
Yes, I agree with your view, but I've also read that XRP is not a cryptocurrency, as it doesn't use the cryptography protocol. I sincerely don't know how this works and its implications as am not a programmer or developer. I would appreciate any form of enlightenment.