It is a bankster coin but designed for them, not by them. Many banks are sick of having their reserves devalued by the central bank cartel as well. They also don't trust each other at all and XRP puts them on even footing. If they are all using it for cross border payments, commodities, real estate and securities then it forces transparency between them and the system no longer requires trust.

JPM & Goldman were fighting this hard because they have the most to lose from their manipulation being ended. Covid backed them into a Liquidity corner and now they are on board but not quite ready for it's implementation.