XRP: Ripple Expands Stablecoin Reach Through Swiss Banking Deal

XRP is making strategic moves in the global financial landscape as Ripple announces a landmark partnership with Switzerland-based AMINA Bank. This new alliance establishes a foundational regulatory base for Ripple’s RLUSD stablecoin in Europe, strengthening its foothold in the increasingly competitive stablecoin sector.

The collaboration with Ripple positions AMINA Bank—formerly SEBA Bank—as a secure custodian and facilitator for buying and selling RLUSD. This integration enables both institutional and private clients to access the dollar-pegged digital asset within a framework compliant with Swiss regulatory standards, overseen by FINMA (Swiss Financial Market Supervisory Authority).

Ripple’s RLUSD, a USD-backed stablecoin designed firmly around transparency and regulation, has already achieved multiple compliance milestones. Having received a green light from the New York Department of Financial Services and the Dubai Financial Services Authority, the stablecoin is well-positioned to play a significant role in cross-border finance. The token is also part of Ripple’s global payment infrastructure via Ripple Payments, serving enterprise clients for treasury operations.

Ripple’s broader ambitions are reflected in its decision to acquire the prime brokerage platform Hidden Road, where RLUSD will be used as collateral across crypto and traditional asset classes. These steps are laying the groundwork for a more interconnected financial ecosystem that bridges blockchain with traditional finance globally.

AMINA Bank‘s selection of RLUSD wasn’t arbitrary. According to their Chief Product Officer, Myles Harrison, the bank was attracted to Ripple’s structured approach and dedication to compliance. He highlighted that only cutting-edge digital assets that align with regulatory expectations are integrated into their services, and Ripple’s RLUSD clearly met that bar.

This initiative also aligns with Ripple’s strategy to conform with European Union’s MiCA (Markets in Crypto-Assets) regulatory framework. With RLUSD backed 1:1 by U.S. dollars stored in cash and highly liquid equivalents, it offers a reassurance uncommon in many stablecoin offerings today.

AMINA isn’t navigating these waters alone. The bank is working alongside Taurus, a Swiss digital firm supported by Deutsche Bank. Taurus has secured approval to offer tokenized securities to the public via the TDX digital marketplace, further indicating a growing synergy between traditional banking and decentralized finance in Switzerland.

Choosing Switzerland as a launchpad wasn’t accidental. The country’s DLT Act offers a clear legal foundation specifically tailored for digital assets. This clarity invites more fintech and crypto firms to operate confidently under well-defined regulations, providing a reliable springboard for Ripple’s ambitions on the continent.

With this partnership, Ripple builds what it describes as a critical regulatory corridor into Europe. Still, while gaining access is one challenge, achieving significant liquidity and market traction is the next hurdle. RLUSD’s ongoing reserve verification and transparency will play a key role in instilling trust and expanding usage over time.

Related: Expert Advice: Sell XRP If You’re Confused

Ripple’s partnership with AMINA Bank is not just another market expansion—it marks a pivotal step in their mission to solidify RLUSD as a trustworthy, regulation-ready stablecoin in both crypto-native and institutional circles. As the stablecoin wars heat up, XRP and its underlying ecosystem are well-positioned to lead in merging compliance with innovation.