XRP News Today: AMINA Bank Launches RLUSD Custody Services, Expands Ripple's Institutional Reach

Swiss-regulated AMINA Bank has expanded its stablecoin offerings by providing custody and trading services for Ripple's USD-backed RLUSD stablecoin. This partnership marks a significant milestone as AMINA becomes the first globally licensed bank to support RLUSD, reflecting the growing institutional demand for compliant digital assets. The collaboration between AMINA and Ripple signifies a pivotal move towards integrating blockchain innovation with traditional banking infrastructure.

AMINA Bank, regulated by Switzerland’s Financial Market Supervisory Authority, has launched institutional-grade custody and trading services for RLUSD. This development positions Ripple’s stablecoin within a compliant European framework, offering users and enterprise clients access to a trusted liquidity instrument backed 1:1 by U.S. dollars and short-term Treasuries. The bank's decision to support RLUSD was driven by Ripple’s transparency and strong regulatory posture, as stated by Myles Harrison, AMINA Bank’s Chief Product Officer. Institutional clients are increasingly seeking digital assets that offer both compliance and utility, and RLUSD fits within that framework.

The partnership between AMINA and Ripple deepens the integration between Ripple’s digital infrastructure and the institutional financial ecosystem. RLUSD is designed to operate seamlessly across Ripple’s XRP Ledger and Ethereum-compatible networks, providing low-cost, real-time settlement for payments and tokenized assets. This integration enhances the utility of Ripple’s ecosystem and expands the use cases for XRP, positioning it as a key asset in Ripple’s institutional strategy.

AMINA Bank’s support for RLUSD also strengthens the stablecoin’s global reach. RLUSD has already secured approvals from regulatory bodies including the New York Department of Financial Services and Dubai Financial Services Authority. Ripple’s entry into Europe via AMINA aligns with evolving regulatory standards such as the EU’s Markets in Crypto-Assets framework. This partnership comes at a time when stablecoins are gaining global traction, with the stablecoin market undergoing a transformation as traditional banks enter the space. AMINA Bank’s early adoption of RLUSD provides a strategic edge in this evolving sector.

Looking ahead, AMINA Bank’s onboarding of RLUSD represents a major leap in Ripple’s mission to bridge traditional and digital finance. The partnership enhances XRP’s credibility and Ripple’s standing in the institutional stablecoin race. As more financial institutions look to integrate tokenized instruments, RLUSD’s regulatory clarity and Ripple’s infrastructure may serve as a blueprint for the future of compliant digital finance.