Swiss Bank AMINA Becomes First to Offer Custody, Trading for Ripple’s RLUSD Stablecoin

Swiss crypto-focused monetary establishment AMINA Bank introduced offering custody and buying and selling providers for Ripple’s RLUSD stablecoin.

On 3 July 2025, the Swiss FINMA (Monetary Market Supervisory Authority) regulated crypto financial institution stated in a press launch, “Custody and trading services will be available to AMINA clients holding RLUSD, establishing a foundation for expanded services in the coming months.”

Commenting on the event, Myles Harrison, Chief Product Officer of AMINA Bank stated, “We are proud to be the first bank to support RLUSD and to provide our clients with access to one of the most anticipated digital assets in the market.”

JUST IN: SWISS-BASED AMINA BANK BECOMES THE FIRST GLOBAL BANK TO SUPPORT @RIPPLE’S NEW STABLECOIN $RLUSD – COINDESK

BULLISH #XRP pic.twitter.com/E0eHFAaH7X

— Amonyx (@amonbuy) July 3, 2025

“Ripple’s commitment to transparency and compliance make them ideal collaborators as we continue our mission to expand institutional-grade digital asset services,” Harrison added.

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AMINA is Focusing on Institutional Shoppers, Skilled Buyers

Moreover, AMINA intends to broaden its RLUSD-related providers within the coming months. This displays rising demand for digital property within the monetary sector. Importantly, Switzerland has lengthy positioned itself as a world chief in crypto innovation, with Zug usually being known as “Crypto Valley.”

AMINA Bank’s CEO commented, “Our goal is to bridge the gap between traditional banking and the emerging world of digital assets, providing our clients with secure, regulated access to innovative financial instruments.”

Therefore, the financial institution pioneering the Ripple stablecoin might immediate different Swiss and worldwide banks to observe the lead.

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Ripple Recordsdata for US Banking License for XRP and RLUSD

Ripple is making energy strikes

➤ $XRP breaks multi-month downtrend

➤ $RLUSD backed by Amina Bank

➤ Ripple applies for U.S. financial institution constitution

XRP is changing into a part of the U.S. banking system. pic.twitter.com/0AK9cdIb9F

— ALexia (@Alex1i9) July 4, 2025

Notably, the corporate behind XRP has utilized for a nationwide banking constitution within the US, aiming to carry its RLUSD stablecoin underneath direct federal oversight. This isn’t nearly checking containers. It’s a strategic try to provide RLUSD a stronger basis. It might additionally open the door to a deeper function within the monetary system. If authorized, the Ripple banking license would permit the corporate to carry RLUSD reserves immediately with the Federal Reserve.

Ripple’s CEO, Brad Garlinghouse, confirmed the appliance publicly, stating that RLUSD already operates underneath New York’s monetary regulators. Getting a nationwide constitution by the Workplace of the Comptroller of the Forex (OCC) would develop that protection, mixing state-level approval with federal credibility. It’s additionally a sign to buyers, regulators, and establishments that Ripple needs RLUSD to be taken significantly.

Learn extra: Ripple Recordsdata for US Banking License for XRP and RLUSD

Key Takeaways

AMINA Bank, headquartered in Zug and licensed by Switzerland’s FINMA, is the primary world financial institution to help RLUSD, Ripple’s new stablecoin pegged to the US greenback.

The financial institution is beginning with custody and buying and selling providers for RLUSD. It’s focusing on institutional purchasers {and professional} buyers in search of compliant, regulated stablecoins.