We saw in the news earlier that about 10 strongest and biggest banks in the world are preparing to launch the phase 2 of their own blockchain cryptocurrency project,which first launched in 2015, which is said to aid them in settling transactions over blockchain.
Luigi wewege also said that the coin has the power to blow off other cryptocurrencies, especially the most rival of all coins bitcoin out of the market.
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https://zycrypto.com/banks-going-kick-bitcoin-new-coin/Not only bitcoin they want to kick out all of the altcoin they want to kick out because many big banks was affected on the cryptocurrency if all people save or invest there mony to bitcoin they can earn every day, week, month and year but in bank if you invest after a year before you earn so that many big banks thinking what is the bedt defender to there business for the bitcoin to remove all the altcoins.