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BREAKING: Swiss Bank Makes History as First Global Institution to Back Ripple’s RLUSD Stablecoin

BREAKING: Swiss Bank Makes History as First Global Institution to Back Ripple’s RLUSD Stablecoin

Author:
Cryptodnes
Published:
2025-07-03 07:24:30
19
3

Finance just got a crypto facelift—and the old guard is scrambling to keep up.

A major Swiss bank just crossed the Rubicon, becoming the first global financial institution to integrate Ripple’s RLUSD stablecoin. No more ‘testing the waters’—this is full-scale adoption.

Why it matters: When Swiss banks—the Fort Knox of traditional finance—start betting on crypto rails, even the skeptics pay attention. Suddenly, ‘volatile’ and ‘blockchain’ aren’t dirty words in boardrooms anymore.

The fine print: RLUSD joins the stablecoin wars with heavyweight backing. Expect liquidity pools to shift as institutional money starts flowing through Ripple’s ODL corridors. (And yes, the irony of a bank embracing the tech that could make banks obsolete isn’t lost on anyone.)

Bottom line: The dinosaurs aren’t just evolving—they’re learning to code. Whether this sparks a domino effect or becomes a cautionary tale depends on who’s holding the bag when the music stops.

Custody and Trading Now Available for RLUSD

As of this week, AMINA clients—including professional investors, institutions, and corporations—can now securely hold and trade RLUSD. The stablecoin, issued by Ripple and backed 1:1 by U.S. dollar reserves, offers what AMINA describes as a “blend of stability, efficiency, and regulatory compliance.”

“With a market capitalization already exceeding $440 million as of June 2025, RLUSD is quickly gaining traction as a trusted, institutional-grade stablecoin,” the bank noted in its official release.

A Foundation for Expanded Services

The bank views this launch as a foundational step, with plans to expand RLUSD-based services in the months ahead. As part of its mission to integrate institutional-grade crypto offerings, AMINA sees Ripple’s commitment to transparency, compliance, and auditability as a natural fit.

“We are proud to be the first bank to support RLUSD and to provide our clients with access to one of the most anticipated digital assets in the market,” said Myles Harrison, Chief Product Officer of AMINA Bank. “Ripple’s commitment to transparency and compliance make them ideal collaborators as we continue our mission to expand institutional-grade digital asset services.”

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A Regulated Partner at a Critical Inflection Point

Licensed by Switzerland’s Financial Market Supervisory Authority (FINMA) and operating in Hong Kong and Abu Dhabi, AMINA has positioned itself as a critical player in the evolving digital asset ecosystem. As demand for regulated stablecoins surges, the bank’s MOVE signals growing mainstream acceptance.

“At AMINA Bank, we are committed to integrating cutting-edge products so that our clients may best navigate and adopt digital assets in their day-to-day activities,” Harrison added.

AMINA’s RLUSD integration is designed to meet the needs of clients seeking governance, risk oversight, and security standards akin to traditional financial institutions.

Why This Matters

The launch comes at a pivotal moment, as global demand for compliant stablecoin infrastructure accelerates. AMINA’s support for RLUSD not only strengthens Ripple’s position in the stablecoin market but also shows how crypto-native assets are entering traditional banking rails.

Notably, the bank clarified that certain products and services may not be available to all clients due to regulatory and legal considerations across jurisdictions.

Kosta Gushterov

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Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

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