In a significant move for the digital asset industry, AMINA Bank, a regulated Swiss financial institution, has become the first globally operating bank to offer services for Ripple’s RLUSD stablecoin. The bank announced immediate support for trading and custody of RLUSD, signaling a major step in integrating digital assets into traditional finance (TradFi).
Ripple’s Strategic Push into Traditional Finance
Ripple has been making major advances with its RLUSD stablecoin, which recently became the fastest-growing stablecoin in the market. This growth has been driven by key regulatory wins and strategic partnerships, with AMINA Bank’s involvement poised to accelerate adoption even further.
AMINA confirmed in its press release that RLUSD is now fully supported across its mobile and desktop platforms. The bank plans to expand its RLUSD services, although details on future offerings have not yet been disclosed.This partnership reflects Ripple’s broader ambition to bridge the gap between decentralized finance (DeFi) and TradFi. Earlier this week, Ripple applied for a U.S. banking license, indicating its intent to deepen stablecoin integration within regulated financial ecosystems.
Implications for RLUSD and XRP
If Ripple secures the U.S. banking license, it could unlock new use cases and institutional opportunities for RLUSD. However, the implications for XRP, Ripple’s native token, are less direct. Regulatory headwinds, including the ongoing legal battle with the SEC, may dampen potential benefits for XRP—even if RLUSD continues to gain ground.
RLUSD’s Growth and Market Impact
RLUSD currently has a market capitalization of $440 million, and its recent growth suggests that this number could rise as more institutions like AMINA adopt it. While AMINA will offer RLUSD to its global clientele, the bank acknowledged that legal and regulatory factors could affect access for users in some jurisdictions.
Still, the stablecoin’s formal entry into Switzerland’s regulated banking sector marks a pivotal achievement for Ripple. It reinforces the company’s commitment to expanding the utility of RLUSD in cross-border finance.
July 2025, Cryptoniteuae
