Ripple Mints 16 Million RLUSD as AMINA Bank Boosts Institutional Support

Generated by AI AgentCoin World
Thursday, Jul 3, 2025 6:11 pm ET1min read

Ripple has recently minted an additional 16 million RLUSD, its dollar-backed stablecoin, indicating a strong demand for RLUSD in the stablecoin market. This action was supported by AMINA Bank, a regulated Swiss bank, which has become the first global institution to offer custody and trading services for RLUSD. This partnership underscores a growing trend of institutional interest in regulated stablecoins, as businesses and

seek assets with high price stability and transparency for on-chain settlement.

The minting of 16 million RLUSD is expected to enhance the stablecoin's liquidity and encourage more use cases. Ripple's strategy to increase RLUSD supply, coupled with collaborations with regulated banks, aims to reinforce its presence in international payments and establish RLUSD as a safe intermediary between fiat and crypto. The market capitalization of RLUSD has already surpassed $440 million as of June 2025, and the fresh minting of 16 million tokens is expected to enhance RLUSD’s liquidity and encourage more use cases.

The partnership between

and AMINA Bank signifies a broader trend where traditional financial institutions are exploring blockchain-backed solutions. This collaboration not only validates the potential of RLUSD but also sets a precedent for other banks to consider supporting stablecoins. The move by AMINA Bank to provide custody and trading services for RLUSD underscores the bank’s commitment to blending traditional banking security with blockchain efficiency. The reserves backing RLUSD, which include cash and cash equivalents, are deposited at Standard Custody, a subsidiary of Ripple closely regulated by New York authorities. This regulatory oversight adds an additional layer of trust and security for institutions considering RLUSD.

According to the analyst's forecast, the combination of the new mint and AMINA’s support for RLUSD is a significant development in the digital finance landscape. It demonstrates the potential for close collaboration between banks and blockchain networks to deliver modern financial services. This step could pave the way for more institutions to adopt RLUSD, shaping the next stage of digital finance. Prior to this partnership, Ripple had also collaborated with OpenPayd to facilitate the easy conversion of fiat to RLUSD, aiming to challenge the leading positions of USDT and USDC in the stablecoin market. The increasing institutional interest and regulatory support for RLUSD suggest a promising future for Ripple’s stablecoin in the evolving financial ecosystem.