Swiss-regulated AMINA Bank has become the first bank globally to offer custody and trading of Ripple USD (RLUSD), a stablecoin pegged 1:1 to the US dollar. This development highlights the growing institutional appetite for regulated digital assets amid shifting financial dynamics and compliance-driven innovation.
Ripple’s RLUSD, launched with a vision for enhanced transparency and regulatory alignment, has already surpassed $440 million in market capitalization as of June 2025. AMINA’s early support for the token positions the bank at the forefront of digital asset banking, aligning its services with evolving investor preferences and legal standards.
Why It Matters? The integration of RLUSD into a regulated banking infrastructure represents a crucial convergence of traditional finance and blockchain technology. Stablecoins, often criticized for their opaque reserve practices, are now being reimagined with institutional-grade safeguards. Ripple’s strategy emphasizes full reserve backing and transparent attestations—an approach gaining favor in jurisdictions like Switzerland, Singapore, and the European Union.
Some major banks and financial institutions like JPMorgan, PayPal, and Standard Chartered are exploring or already integrating stablecoins into their operations.
Ripple – AMINA Strategic Alliance
AMINA’s Chief Product Officer, Myles Harrison, said: “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,” Myles added.
Ripple’s commitment to regulatory clarity and its long-standing legal battle with the SEC, which ended in partial victory in 2023, make RLUSD an appealing product for banks aiming to stay compliant. This partnership can be seen as a case study in how regulatory clarity can unlock enterprise-grade crypto adoption.
The Bigger Picture
This announcement comes at a pivotal time. The Financial Stability Board (FSB) and the Bank for International Settlements (BIS) have both called for stablecoin frameworks with clear licensing, reserve management, and redemption policies. AMINA’s initiative could inspire more traditional banks to adopt compliant stablecoins as digital transformation accelerates across global finance.
Read Also: Bitcoin: How it Works, Benefits, Drawbacks and Future Outlook
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice.
