That's some great news for Ripple and it's holders but also good news for cryptos in general. I am a holder of Ripple and hope that this will push it's price. Ripple is a centrally controlled payment network and not like most cryptos decentralized which is why I don't like it so much but for sure it will make me some money and that's why I bought it.
According to Ripple: Ripple for Financial Institutions Financial institutions, network operators and regulators play critical roles scaling and providing stability to payment systems. Ripple enhances the existing payment stack, offering real-time settlement infrastructure at the foundation."
Given that financial institutions, network operators and especially "regulators" are part of this equation then in this instance of "Financial Institutions" when considering the totality of human involvement it perhaps could not be considered decentralized, which in the context described makes it centralized.
Thanks for this information and have a nice day and a great weekend.
LOVE&LIGHT