In a strategic move poised to resonate across the cryptocurrency landscape, Swiss-based AMINA Bank has unveiled its latest offering: custody and trading services for Ripple’s RLUSD stablecoin. Announced on July 3, 2025, this development marks AMINA as the pioneer among globally active banks to embrace Ripple’s newly minted stablecoin, pegged to the U.S. dollar.
A New Chapter for Stablecoins
Stablecoins have carved out a significant niche within the crypto ecosystem, with their market valuation surging to an impressive $250 billion. These digital currencies, anchored to fiat currencies such as the dollar, offer a semblance of stability in a notoriously volatile market. Ripple’s RLUSD stands out, not only due to its backing by U.S. Treasuries but also its regulation by the New York Department of Financial Services. With a current supply of $430 million, RLUSD is poised to become a crucial instrument for institutional investors. This trend mirrors developments in the broader market, such as SoFi’s launch of blockchain remittances with stablecoins, highlighting the growing utility of stablecoins in various financial services.
AMINA Bank, headquartered in the crypto-friendly jurisdiction of Zug and under the regulatory watch of Switzerland’s FINMA, is strategically positioned to leverage this burgeoning asset class. By offering custody and trading services for RLUSD, AMINA aims to cater to institutional clients and professional investors eager for compliant and reliable stablecoins.
Bridging Traditional and Digital Finance
AMINA’s latest offering isn’t just about expanding its service portfolio; it’s about bridging the gap between conventional banking and the rapidly evolving crypto space. Helming operations not just in Switzerland, but also in financial hubs like Hong Kong and Abu Dhabi, the bank is setting new precedents in global banking. According to insiders, AMINA’s initiative reflects a growing trend among financial institutions to integrate crypto assets into their operations, aligning with regulatory frameworks to offer robust and compliant financial solutions. This aligns with broader industry movements, such as Bolt’s embrace of stablecoin payments for global marketplaces, which underscores the increasing adoption of digital currencies in traditional financial sectors.
“Stablecoins are morphing into essential components of the financial ecosystem,” observes Luca Bianchi, a financial analyst specializing in digital currencies. “AMINA’s embrace of RLUSD is a testament to the increasing interdependence of traditional finance and digital currencies. It’s a bold step, one that could prod other financial giants to follow suit.”
The Road Ahead
As AMINA positions itself at the forefront of this digital transformation, it plans to expand its RLUSD offerings in the coming months. Although specifics remain under wraps, sources suggest that the bank is exploring additional services that could further integrate RLUSD into its broader financial infrastructure.
This strategic move raises intriguing questions about the future trajectory of stablecoins and their role in global finance. With jurisdictions worldwide establishing regulatory frameworks for these digital assets, the stage is set for stablecoins to become more entwined with traditional financial systems. Yet, the journey is not without its hurdles. Regulatory landscapes are still in flux, and the integration of stablecoins into mainstream finance poses challenges that require careful navigation.
As the dust settles on AMINA’s announcement, the financial world watches with bated breath. Will other banks step up to the plate, or will AMINA remain in a league of its own in the stablecoin arena? Only time will tell as the crypto landscape continues to evolve, pushing the boundaries of what’s possible in finance.
Source
This article is based on: Swiss Bank AMINA Introduces Custody, Trading With Ripple’s RLUSD Stablecoin
Further Reading
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Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
