It only exists to undermine the whole market and destroy the use case while funneling money into lobbying for harsh, stifling regulation. I was just reading an article the other day about how all these new "STO's" I think it was, Security Tokens, that are registered with the SEC under I think it was called Form D, an exception, but that they require investors to be an accredited investor, with either a 1 million dollar net worth or 200k yearly income for several years. I dont see how thats going to improve the market and adoption, it totally destroys anyone who wants to go buy a chocolate bar with their coins. Ripple is the enemy, its the banker regulation coin. Regulation = death for crypto. If anything there will never be mass adoption of Ripple gets their way, we will all be using Monero.