The banking sector also understands this and is trying to resist with all its might. The recent announcement that the largest investment fund J.P.Morgan is going to launch his own cryptocurrency for the calculation between his partners and customers. This suggests that banks and investment funds understand that they are not able to resist cryptocurrency and therefore they create their coins.
Everywhere on the Internet, the forthcoming confrontation between the coin of J.P.Morgan and the Ripple company is being discussed. Although I do not understand what these projects have in common? even NUPay and he is a big competitor for J.P.Morgan Coin.