Will XRP be used by banks?

Could you please elaborate on the potential for XRP to be adopted by banks? Given the increasing interest in blockchain technology and digital currencies, it's intriguing to wonder if this particular cryptocurrency has a place in the financial institutions' future. What are the factors that could drive or hinder its adoption? Are there any pilot projects or collaborations that suggest its usage by banks might be on the horizon? It would be fascinating to understand the potential benefits and challenges associated with this scenario. Could you provide some insights into this matter?