AMINA Bank First Globally to Support Ripple's RLUSD Stablecoin

AMINA Bank, a Swiss-based financial institution regulated by the Swiss Financial Market Supervisory Authority (FINMA), has made history by becoming the first globally operating bank to support Ripple's stablecoin, RLUSD. This move positions AMINA at the forefront of the digital asset landscape, offering its clients a blend of stability, efficiency, and regulatory compliance.

The bank will initially provide custody and trading services for RLUSD, with plans to expand its offerings in the coming months. This development is significant as it allows AMINA's client base, which includes professional investors, institutions, and corporations, to access Ripple’s stablecoin ecosystem with the security and governance expected from a traditional banking partner.

Myles Harrison, Chief Product Officer of AMINA Bank, emphasized the bank's commitment to integrating cutting-edge products. He stated, “At AMINA Bank, we are committed to integrating cutting-edge products so that our clients may best-navigate and adopt digital assets in their day-to-day activities. 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. Ripple's commitment to transparency and compliance make them ideal collaborators as we continue our mission to expand institutional-grade digital asset services.”

RLUSD, valued one-to-one with the US dollar, is issued natively on the XRP Ledger and Ethereum blockchains. It is fully backed by a segregated reserve of cash and cash equivalents, redeemable 1:1 for US dollars. This stablecoin enables real-time, secure, and compliant payments, as well as easy fiat to stablecoin on/off ramps for various financial entities.

AMINA Bank's support for RLUSD comes at a time when there is a growing demand for regulated stablecoins. The bank's ability to offer this service underscores its role as an essential infrastructure provider in the crypto industry. As the first bank globally to provide access to RLUSD, AMINA continues to deliver the latest digital economy trends to its diverse client base.

Founded in April 2018 and established in Zug, Switzerland, AMINA Bank AG is a pioneer in the crypto banking industry. The bank received the Swiss Banking and Securities Dealer License from FINMA in August 2019. In February 2022, AMINA Bank AG, Abu Dhabi Global Markets (ADGM) Branch received Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of ADGM. In November 2023, AMINA (Hong Kong) Limited received its Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 9 (Asset Management) licenses from the Securities and Futures Commission (SFC).

AMINA has been recognized for its contributions to the blockchain ecosystem, being named one of the Top 50 Companies within the blockchain ecosystem by CVVC Global Report and CB Insights. In 2023, AMINA won the European WealthBriefing Award in the Digital Assets Solution, Fund Manager category. Most recently, AMINA was recognized as Institutional Digital Asset Innovation of the Year at the Hedgeweek® Global Digital Assets Awards 2025.

This strategic move by AMINA Bank not only enhances its service offerings but also solidifies its position as a leader in the digital asset space, providing clients with secure and compliant access to one of the most anticipated digital assets in the market.