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It is the new glue between all banking (local and international) transactions. I work on American banking projects from India.. I am reading about Ripple integration with banks here and in the USA at a break neck speed

I didn't know that ripple is being used by American banks, thanks. Can you please tell me which American banks use it?

A few -
Bank of America Merrill Lynch
Credit Suisse
DBS Bank
HSBC
JPMC
Singapore Exchange
United Overseas Bank

And yes I missed this bus :(