AMINA Bank Launches RLUSD Custody Services, Boosting Ripple’s Stablecoin Market Position

Switzerland’s AMINA Bank has become the first global banking institution to offer custody and trading services for Ripple’s new stablecoin, RLUSD. This move underscores the growing interest from traditional finance in blockchain-based assets. RLUSD, backed by U.S. Treasuries and overseen by the New York Department of Financial Services, has already reached a circulating supply of $430 million, indicating strong early demand for compliant digital dollar alternatives.

AMINA Bank, licensed by FINMA and operating under regulatory supervision, is bridging the gap between traditional banking and crypto finance. By supporting RLUSD, AMINA is demonstrating how institutions are increasingly seeking stablecoin products that meet global compliance standards. This adoption by a regulated Swiss bank not only strengthens Ripple’s position in the stablecoin market but also sets a precedent for other institutions exploring tokenized assets.

The launch of custody and trading services for RLUSD is initially targeted at professional investors, providing them with regulated exposure to the stablecoin. This move could pave the way for a broader product suite around RLUSD in the near future. AMINA Bank has stated its intention to expand stablecoin-based services, which could include interest-bearing accounts, payment integrations, and further institutional trading solutions as regulatory clarity improves worldwide.

RLUSD’s adoption by AMINA Bank underscores the potential for stablecoins to become integral to cross-border payments, corporate settlements, and digital asset strategies. As more banks explore blockchain-native financial tools, stablecoins like RLUSD could play a crucial role in the future of finance. This development highlights the increasing integration of traditional banking with crypto finance, setting a new standard for the industry.