I won't lie.   I've been talking about how XRP doesn't make any sense for a while now.

>"Why wouldn't the banks just make their own coin?"

It seemed too obvious, and now people are only talking about it when JPM comes to town?  It seems like a severe lack of foresight. 

At the same time, nothing stops XRP from creating a stable coin backed by XRP, assuming that is even necessary.  The ease at which these assets can be traded means you can use XRP to transfer funds but still be immune to volatility.