- AMINA Bank first global bank to launch Ripple’s stablecoin trading service.
- Clients gain safe access to RLUSD starting July third this year.
- Regulated by FINMA, AMINA guarantees secure stablecoin custody for clients.
A Swiss bank has taken a bold step in the digital currency space. AMINA Bank, a Swiss-regulated institution, has announced that it will support Ripple’s new stablecoin, RLUSD. This move makes AMINA Bank the first global bank to offer custody and trading services for this USD-pegged digital asset.
AMINA Bank Unveils Plan to Support Safe Digital Asset Use
Starting July 3, the client of AMINA will be capable of holding and trading RLUSD over the bank. Professional investors, institutions, and corporations will be the first to access this new service. The bank would like to provide its clients with a safe portal to the stablecoin environment of Ripple.
Recently, AMINA revealed more about its plan. According to the bank, it intends to assist its clients in the management of their digital assets safely. According to Myles Harrison, who is the Chief Product Officer of AMINA Bank, the bank aims to provide the client with the most advantageous new technologies in digital finance. He also said that Ripple is committed to transparency and compliance, hence a good match in the partnership with AMINA.
The move is prompted by an increase in demand by companies and investors to have safer options on how to store stablecoins. Stablecoins are cryptocurrencies with a fixed price. They are usually pegged with a real-world asset such as the US dollar. This is because Ripple RLUSD is dollar-pegged, and that makes it interesting to those who would feel like having digital money without the huge fluctuations in price.
In addition to this, RLUSD is already making a good entry in the market. In June 2025, it has more than 440 million dollars market value. This demonstrates that the new coin of Ripple is pegged upon. This figure will likely increase as this number of banks and companies introduce stablecoins.
Regulated AMINA Eases Crypto Safety Concerns
Notably, AMINA Bank is controlled by Swiss Financial Market Supervisory Authority (FINMA). It implies that customers can be confident that the bank will take care of online data with high regulations. Safety of the crypto assets is a concern of many due to the presence of scams associated with these assets, but when one is dealing with a regulated bank the one to work with is AMINA then the matter should be taken care of.
In addition, AMINA says this is just the beginning. The bank will increase its stablecoin services in the following months. With the provision of custody and trading, AMINA poses to establish a complete platform of delivering stablecoin services. It aspires to assist its clients to transfer funds, pay, and invest using digital assets safely.
The crypto industry has been hit at the right time by the decision of bank. The demand of regulated digital money is increasing. The latest news suggests a significant increase in the usage of stablecoins. Businesses and investors demand less risk and more confidence. It is with this that AMINA desires to call the change by offering RLUSD to its services.
In addition, the joint venture might enable Ripple to expand its clientele. Ripple has been on a quest to take the digital assets mainstream. The presence of a reputable Swiss bank will make Ripple more truthful. This can encourage the other banks to do the same as AMINA.
In the future, AMINA indicates that it will keep on extending new digital products. The bank does not want to lag behind the trends and satisfy the demand of the clients. Investing in RLUSD is the first example of how AMINA takes up digital innovation.
Source: https://www.livebitcoinnews.com/swiss-amina-bank-becomes-first-to-support-ripples-rlusd-stablecoin/