Swiss-regulated crypto bank AMINA Bank has become the first bank globally to support Ripple USD (RLUSD), a stablecoin pegged to the U.S. dollar. This milestone, announced today, signals a new era for digital finance, following the surge in stablecoin demand.
AMINA Makes History with RLUSD
AMINA Bank, founded in 2018 in Zug, Switzerland, has rapidly grown into a crypto banking powerhouse with nearly $5 billion in assets. Regulated by the Swiss Financial Market Supervisory Authority (FINMA), it now offers RLUSD custody and trading services to institutional clients.
This follows the bank’s integration of stablecoins like USDC and USDT, solidifying its crypto-friendly reputation. AMINA plans to expand RLUSD services in the coming months, enhancing its offerings.
AMINA’s support for RLUSD aligns with its history of embracing blockchain innovation, earning recognitions like the 2025 Hedgeweek Global Digital Assets Award. RLUSD, issued on XRP Ledger and Ethereum, is backed by U.S. dollar reserves and audited monthly for transparency.
The regulatory framework established by the New York Department of Financial Services (NYDFS) encourages trust among financial institutions. With a market capitalization of $469 million, the stablecoin demonstrates significant early adoption. AMINA Bank’s initiative sets an important precedent for global banks eyeing digital assets.
RLUSD Shines in the Stablecoin Surge
Stablecoins, now a $250 billion market, are transforming finance with their price stability and efficiency in payments and remittances. RLUSD likely stands out due to its full USD backing, regulatory compliance, and seamless integration with Ripple’s global payment solutions.
Unlike Tether (USDT), which faces scrutiny over reserve transparency, RLUSD’s monthly audits ensure reliability. Additionally, financial institutions use RLUSD for cross-margining in trading, while Ripple Payments has integrated it for faster cross-border transactions.
Meanwhile, recent examples show Ripple’s rising influence. For instance, the RLUSD recently got regulatory recognition from the Dubai Financial Services Authority (DFSA). The license makes the token legal for use within the Dubai International Financial Centre (DIFC).
As global watchdogs like the UK’s Financial Conduct Authority (FCA) propose new regulations for stablecoins, crypto custody, and financial resilience for cryptoasset firms, AMINA Bank’s adoption signals a broader shift toward stablecoin-driven finance.
