The Rise Of Crypto's Billion Dollar Zombies  

In 2012 when Blockchain pioneers Jed McCaleb, Arthur Britto and David Schwartz created Ripple Labs and its new cryptocurrency, known as XRP, they envisioned a new global financial standard that would enable banks to transfer money rapidly with minimal fees. During its first decade, dozens of financial institutions, including Bank of America and Banco Santander, signed up, eager to test Ripple's new network.

https://www.forbes.com/sites/stevenehrlich/2024/03/27/the-rise-of-cryptos-billion-dollar-zombies/