>>825
Because banks like certainty.
If their worried about something happening to XRP,
all they have to do is get Ripple to contractually agree to some terms they like and they’ve protected themselves from 60% of the market.
What other asset can they do that with?

Do you think they’re worried the price will go down?
No problem. Say a bank holds $10 million worth of XRP and Ripple thinks the value of that XRP will go up but the bank is worried it will go down.
Ripple can just offer the bank a deal where Ripple gives them XRP to bring them back up to $10 million if the price drops and in exchange,
the bank gives XRP to Ripple to bring the value down to $10 million if the price goes up.
This is a win for Ripple and it eliminates the bank’s risk.

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