- Swiss-based AMINA Bank became the first bank with global regulatory status to support Ripple’s RLUSD stablecoin.
- RLUSD is backed by U.S. Treasuries, regulated by NYDFS, and has over $440 million in supply.
- The RLUSD rollout correlates with an increased institutional interest in compliant, regulated digital assets.
AMINA Bank AG has announced the introduction of custodial and trading services for Ripple’s stablecoin, Ripple USD (RLUSD). The Swiss-based bank is the first global regulated banking institution to offer direct support of RLUSD, a 1:1 backed token to the U.S. dollar. This announcement comes as institutions are increasing their interest in regulated stablecoins and the demand for digital assets that meet compliance requirements.
The U.S. Treasuries back RLUSD, which is regulated by the New York Department of Financial Services (NYDFS). By June 2025, the stablecoin’s circulating supply was over $440 million. The rollout of AMINA Banks RLUSD-based services will initially include institutional customers, corporate and professional investors and additional services will be added in upcoming months.
According to AMINA Bank, the new service follows the increased demand among institutional investors for regulated digital asset offerings. By expanding its market share by offering RLUSD in a compliant and secure system the bank aims to satisfy both its clients’ governance requirements and innovation in digital finance.
AMINA Strengthens Role in Regulated Stablecoin Adoption
The debut of RLUSD trading and custody services indicates a broader trend towards the adoption of regulated stablecoins. Stablecoins currently contribute to a $250-billion sector of the crypto economy. More jurisdictions are working towards establishing guidelines on how to use them as they become more integrated into payment systems and other financial services.
The regulated license granted to AMINA by the Swiss Financial Market Supervisory Authority (FINMA) allows it to provide digital asset services according to the laws and regulations. Furthermore, the bank has licensed branches in Abu Dhabi and Hong Kong, which allows it to provide regulated services in different jurisdictions.
Myles Harrison, the Chief Product Officer of AMINA bank, highlighted the security and compliance of the institution’s digital asset-based access to the products. According to him, RLUSD and AMINA support aim to supplement a more comprehensive agenda to offer institutional-level crypto banking services with solid oversight.
Also Read | Ripple Files For A Bold U.S. Bank License and Fed Master Account
Institutional Interest Grows for Ripple’s RLUSD
Ripple launched RLUSD as a compliant alternative to the stablecoin market. In addition, the asset reserves are backed by U.S. government securities and designed for institutional applications like trading, remittances, and treasury operations. However, the token’s design focuses on transparency, regulation, and financial stability.
With AMINA Bank launching RLUSD support, institutions gain access to the Ripple stablecoin ecosystem within the boundaries of traditional bank security. This follows after regulators around the globe are ramping up to clarify the framework of stablecoins as a way of safeguarding users and ensuring financial resilience.
AMINA Bank was established in 2018 and registered in 2019 with a Swiss banking license. The institution is expanding its features as a regulated crypto bank, and the RLUSD product complements its suite of digital asset services aimed at professional and institutional markets.
Also Read | Deutsche Bank Sets 2026 Crypto Custody Plans: Why Do Banks Want Digital Assets?
