XRP Stablecoin RLUSD Gains Support from Swiss Bank AMINA

XRP‘s ecosystem continues to expand as AMINA Bank, a Swiss institution focused on digital assets, officially introduces custody and trading services for Ripple’s stablecoin, RLUSD. This milestone makes AMINA the first globally operational bank to offer such services, marking a significant development in the stablecoin market.

According to a press release shared on Thursday, the Zug-based bank will initially provide custody and trading options for Ripple’s RLUSD, targeting institutional and professional clients who require stablecoin solutions that comply with global regulations.

RLUSD is pegged to the U.S. dollar and is backed by U.S. Treasuries, highlighting its commitment to safety and regulatory compliance. The token is governed under the oversight of the New York Department of Financial Services, ensuring a high degree of transparency and legitimacy. As of now, RLUSD boasts a circulating supply of $430 million.

The launch underscores AMINA Bank’s objective of serving as a bridge between conventional banking frameworks and the rapidly advancing world of crypto finance. The institution has regulatory backing from Switzerland’s Financial Market Supervisory Authority (FINMA), and maintains additional licensed operations in Hong Kong and Abu Dhabi. This geographical reach places AMINA at the forefront of regulated crypto-banking solutions on a global scale.

Read more: Ripple Applies for Federal Bank Trust Charter, XRP Jumps 3%

In a market where stablecoins have grown into a $250 billion asset class, RLUSD adds a secure and regulatory-conscious option. Ripple’s stablecoin venture aligns with a broader industry trend in which stable digital assets are taking a more prominent role in payment processing and cross-border financial services. RLUSD not only strengthens Ripple’s asset lineup but also appeals to institutional actors navigating the increasingly regulated crypto trading environment.

The move to embrace RLUSD also reinforces the strategic importance of stablecoins in the financial ecosystem. With more jurisdictions crafting legislative frameworks around digital assets, banks like AMINA are seeking compliant avenues to integrate these instruments responsibly. RLUSD’s backing by U.S. Treasuries and its regulation by a top-tier U.S. financial authority positions it as a stable, trustworthy tool for investors wary of the volatility associated with cryptocurrencies like Bitcoin.

AMINA’s phased rollout indicates that further developments are on the horizon. The bank stated that it will widen its RLUSD service offerings in the coming months, hinting at possible lending or payment integrations. For institutions looking to leverage crypto without risking exposure to highly volatile assets, stablecoins like RLUSD represent a secure entry point.

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

By becoming the first global bank to offer custody and trading for RLUSD, AMINA carves out an early-mover advantage in the stablecoin economy. The partnership not only elevates RLUSD’s profile within the digital asset space, but also positions AMINA as a leader in regulated crypto-backed financial services. As Ripple continues to grow its footprint through regulated offerings like RLUSD, traditional finance players such as AMINA prove that the bridge between crypto and banking is not just possible—but already under construction.