Swiss Bank Makes History as First to Adopt Ripple’s Stablecoin

Breaking the mold—Switzerland’s banking elite just placed a big bet on crypto’s future.

Ripple’s stablecoin gets a blue-chip stamp of approval

In a move that’ll send shockwaves through both TradFi and crypto circles, a major Swiss bank just became the first institution to integrate Ripple’s stablecoin. No more hiding behind ‘pilot programs’ or ‘proof-of-concepts’—this is live, operational adoption.

The finance world’s reaction? Half ‘how dare they’ and half ‘when can we?’—classic banking FOMO.

Why this matters for crypto

- Validates stablecoins as institutional-grade assets

- Proves Ripple’s tech can play nice with legacy systems

- Sets off a domino effect for other risk-averse banks (who’ll now scramble to look ‘innovative’ while quietly cursing the Swiss for moving first)

The bottom line: When Switzerland—the land of numbered accounts and ‘measured approaches’—jumps headfirst into crypto, even the skeptics should pay attention. Though let’s be real—some Wall Street execs will still call it a ‘fad’ right up until their bonuses depend on it.

Ripple Set To Make A Splash In The Stablecoin Market?

The stablecoin market has seen an incredible rise in popularity over the last few years. The GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act recently passed the US Senate. The bill is currently awaiting approval in the House of Representatives. Many anticipate the bill to be made into law very soon. President TRUMP will likely pass the bill as soon as it reaches his desk. Ripple’s entry into the stablecoin market could not have come at a better time.

Ripple USD (RLUSD) has attained a market cap of $469.21 million. It is currently the 164th-largest crypto project by market cap. The project will most likely climb the charts very soon.

Will XRP Benefit?

XRP does not have any direct links to Ripple’s stablecoin project. However, if RLUSD gains momentum, XRP will likely benefit from more awareness.

Ripple’s XRP token seems to be following the market-wide resurgence. XRP is trading entirely in the green zone today. The asset is up 3.8% in the daily charts, 3.8% in the weekly charts, 5.4% in the 14-day charts, 3.2% over the previous month, and 374.1% since July 2024.

XRP fans are also looking forward to the SEC’s decision on a spot XRP ETF. The asset could see a huge price rally if an ETF is approved.