Did you know that XRP was created to be a bridge between different currencies?
While Bitcoin was developed to replace traditional money, XRP was born with a different purpose: to facilitate fast and cheap international transactions between different currencies. This makes banks and financial institutions interested in Ripple's technology, the company responsible for XRP.
This functionality allows international transfers to take only seconds — something unthinkable with traditional banking systems!
Source: Ripple, official whitepaper and technical documentation