BREAKING: Swiss Bank AMINA Secures First-Mover Status with Ripple’s RLUSD Stablecoin Custody & Trading

AMINA just flipped the script—Switzerland’s crypto-friendly bank now dominates the institutional stablecoin game by rolling out custody and trading for Ripple’s RLUSD. Move over, Tether.

Why it matters: Banks playing nice with crypto? AMINA’s betting big that regulated stablecoins are the next cash cow—even if traditional finance still thinks blockchain is a ‘phase.’

The punch: While Wall Street debates CBDCs, AMINA’s vaults are already stacking RLUSD. Guess who’s winning the adoption race?

Bonus jab: Another day, another stablecoin—but this one’s wrapped in Swiss banking secrecy. How very *neutral* of them.

BULLISH #XRPpic.twitter.com/E0eHFAaH7X

— Amonyx (@amonbuy) July 3, 2025

“Ripple’s commitment to transparency and compliance make them ideal collaborators as we continue our mission to expand institutional-grade digital asset services,” Harrison added.

AMINA is Targeting Institutional Clients, Professional Investors 

Furthermore, AMINA intends to broaden its RLUSD-related services in the coming months. This reflects growing demand for digital assets in the financial sector. Importantly, Switzerland has long positioned itself as a global leader in crypto innovation, with Zug often being called “Crypto Valley.”

AMINA Bank’s CEO commented, “Our goal is to bridge the gap between traditional banking and the emerging world of digital assets, providing our clients with secure, regulated access to innovative financial instruments.” 

Hence, the bank pioneering the Ripple stablecoin could prompt other Swiss and international banks to follow the lead. 

Ripple Files for US Banking License for XRP and RLUSD

Ripple is making power moves

➤ $XRP breaks multi-month downtrend

➤ $RLUSD backed by Amina Bank

➤ Ripple applies for U.S. bank charter

XRP is becoming part of the U.S. banking system. pic.twitter.com/0AK9cdIb9F

— ALexia (@Alex1i9) July 4, 2025

Notably, the company behind XRP has applied for a national banking charter in the US, aiming to bring its RLUSD stablecoin under direct federal oversight. This isn’t just about checking boxes. It’s a strategic attempt to give RLUSD a stronger foundation. It could also open the door to a deeper role in the financial system. If approved, the Ripple banking license WOULD allow the company to hold RLUSD reserves directly with the Federal Reserve.

Ripple’s CEO, Brad Garlinghouse, confirmed the application publicly, pointing out that RLUSD already operates under New York’s financial regulators. Getting a national charter through the Office of the Comptroller of the Currency (OCC) would expand that coverage, blending state-level approval with federal credibility. It’s also a signal to investors, regulators, and institutions that Ripple wants RLUSD to be taken seriously.

Key Takeaways

• AMINA Bank, headquartered in Zug and licensed by Switzerland’s FINMA, is the first global bank to support RLUSD, Ripple’s new stablecoin pegged to the US dollar.

• The bank is starting with custody and trading services for RLUSD. It is targeting institutional clients and professional investors seeking compliant, regulated stablecoins.