Key Takeaways:
- AMINA becomes the first regulated bank globally to offer RLUSD trading and custody services, marking a milestone for institutional adoption of stablecoins.
- Ripple’s RLUSD now boasts a market cap over $440M, with strong backing, regulatory clarity, and native issuance on Ethereum and XRP Ledger.
- This move positions AMINA at the center of crypto-banking infrastructure, amid growing institutional demand for regulated, secure digital asset offerings.
Switzerland’s AMINA Bank has officially become the first bank worldwide to support Ripple USD (RLUSD), a development that could reshape the institutional landscape of stablecoins. In a press release issued today, the FINMA-regulated digital asset bank confirmed immediate trading and custody support for RLUSD, Ripple’s newly launched USD-backed stablecoin.
This milestone comes as demand for regulated, high-transparency stablecoins accelerates. With institutions seeking more secure and compliant onramps into the crypto space, AMINA’s move highlights a growing shift toward bank-grade infrastructure for blockchain finance.
AMINA Bank Steps into the Spotlight
As institutional clients increasingly embrace crypto, regulated banks are also stepping in where offshore or opaque… stablecoin issuers once dominated. AMINA’s adoption of the RLUSD technology makes it a major player in the process.
Read More: Ripple Quietly Mints 10M RLUSD as Stablecoin Bill Gains Steam
RLUSD, which is issued by Ripple Labs’s Standard Custody, a New York‐chartered trust company, is intended to satisfy rigorous reserve and redemption requirements in the U.S. 100% asset-backed with its reserves in dollars, RLUSD is pegged at 1:1 to the U.S. dollar, and will be redeemable under tight service level agreements (SLAs).
“At AMINA Bank, our focus is to deliver institutional-grade solutions in the digital asset space,” said Myles Harrison, Chief Product Officer at AMINA. “By supporting RLUSD, we’re enabling clients to access one of the most compliant and transparent stablecoins available today.”
This is an important step forward in the history of stablecoin infrastructure—unifying regulated banks and blockchain-native assets on one platform.
Why RLUSD Matters in a Crowded Stablecoin Market
Leading the pack in stablecoins, USDT (Tether) and USDC (Circle) exceed the $150 billion mark in combined circulation. But regulatory uncertainty, reserves opacity and control from the center have made institutions cautious.
RLUSD aims to fill this trust deficit. Released to both Ethereum as well as the XRP Ledger, Ripple’s stablecoin represents the bridge between blockchain interoperability and completely auditable reserves.
As of June 2025, RLUSD’s market value has exceeded 440 million US dollars, and it has been rapidly extended to exchanges and payment platforms on the chain and on-chain finance applications.
This approach will appeal to institutional investors, fintechs and platforms concerned about compliance with less transparent alternatives.
The Ripple–AMINA Partnership: A Sign of Things to Come?
Early support from AMINA for RLUSD could signal a bigger shift in crypto banking strategy overall, particularly in Switzerland – a global hub for regulated blockchain innovation.
Established in 2018 and received the FINMA license in 2019, AMINA is not new to setting digitally asset standards. And with additional regulatory permissions in Abu Dhabi and Hong Kong, the bank is now present in more than one of the world’s key finance centers. Recent recognition, like being named “Institutional Digital Asset Innovation of the Year” in 2025, reflects its mounting sway.
The collaboration with Ripple could also further enhance AMINA’s position as a gateway for stablecoin use cases in capital markets, payments, and tokenized finance. This includes services such as:
- Tokenized fund settlements
- Digital corporate treasury management
- Cross-border trade finance using stablecoin rails
- Instant fiat–crypto conversion services for institutional clients
According to AMINA executives, this is just the beginning. Expansion plans include integrated RLUSD-based lending, staking, and payment products tailored for B2B clients in regulated jurisdictions.
Regulatory Timing Could Not Be Better
The launch coincides with policymakers around the world completing their frameworks for stablecoin regulation. The U.S. is on the verge of enacting the GENIUS Act (Guiding and Establishing National Innovation in U.S. Stablecoin), which requires 1:1 reserve holdings and redemption rights, and imposes transparency requirements, on USD-pegged stablecoins.
Ripple’s RLUSD is one of the first major stablecoins to preemptively comply with this expected standard, giving it a first-mover advantage among U.S.-focused financial entities.
The model of bank-issued or bank-backed stablecoins has also been backed by European authorities including Switzerland’s financial markets regulator FINMA and the European Central Bank (ECB) as a more secure alternative to unregulated stablecoins.
AMINA’s FINMA licence ensures its RLUSD services are compliant with full AML/CFT, custody segregation and risk disclosure from the region’s principal regulator, and acts as a regulatory reference for other similarly crypto-friendly banks.
Read More: Ripple Drops Cross-Appeal in SEC Case, Bringing 4-Year Legal Saga Over XRP Token Sales to an End
The post Ripple’s RLUSD Makes Historic Debut as First Bank-Backed Stablecoin Goes Live with AMINA appeared first on CryptoNinjas.
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