One of the posts by FinanceBroYT posted a video that showed that banks do not transfer traditionally anymore and are planning to switch their systems to completely use XRP-based transaction. It includes a banking explanation of the modern money systems, although it does so as evidence that XRP has already supplanted the traditional banking rails.
BXE token, a decentralized media token that is based on the XRP Ledger, is also promoted in the post. Therefore, BXE can be connected to BanXchange, the site that attempts to allow journalists to pay without intermediaries. BXE is one of the recent projects that captured attention after listing on BitMart that increased the popularity among the XRP community.
The video is framed in a dramatic language, which creates a sense of the urgency and certainty. But it is a mix of educational material concerning the concept of fractional reserve banking and speculative statements regarding the adoption of XRP. This form of storytelling is typical of the promotional crypto narrative, in which actual developments to infrastructures are exaggerated into a future world change.
Ripple is still expanding enterprise partnerships, though none of the world banking systems have formally switched fiat settlement rails with XRP. XRP is not the only digital asset that is researching the use of institutions, but it is not the foundation of the financial system.