{"id":78309,"date":"2025-07-04T12:35:05","date_gmt":"2025-07-04T12:35:05","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=78309"},"modified":"2025-07-04T12:35:05","modified_gmt":"2025-07-04T12:35:05","slug":"swiss-bank-amina-becomes-first-to-offer-custody-trading-for-ripples-rlusd-stablecoin","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=78309","title":{"rendered":"Swiss Bank AMINA Becomes First to Offer Custody, Trading for Ripple\u2019s RLUSD Stablecoin"},"content":{"rendered":"

Swiss crypto-focused financial institution AMINA Bank announced providing custody and trading services for Ripple\u2019s RLUSD stablecoin.\u00a0<\/span><\/p>\n

On 3 July 2025, the Swiss FINMA (Financial Market Supervisory Authority) regulated crypto bank said in a press release<\/a>, \u201cCustody and trading services will be available to AMINA clients holding RLUSD, establishing a foundation for expanded services in the coming months.\u201d<\/span><\/p>\n

Commenting on the development, Myles Harrison, Chief Product Officer of AMINA Bank said, \u201cWe 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.\u201d<\/p>\n

JUST IN: SWISS-BASED AMINA BANK BECOMES THE FIRST GLOBAL BANK TO SUPPORT @RIPPLE<\/a>\u2019S NEW STABLECOIN $RLUSD<\/a> \u2013 COINDESK<\/p>\n

BULLISH #XRP<\/a> pic.twitter.com\/E0eHFAaH7X<\/a><\/p>\n

\u2014 Amonyx (@amonbuy) July 3, 2025<\/a><\/p>\n\n

\u201cRipple\u2019s commitment to transparency and compliance make them ideal collaborators as we continue our mission to expand institutional-grade digital asset services,\u201d Harrison added.<\/p>\n

DISCOVER:\u00a0Best Meme Coin ICOs to Invest in <\/a><\/strong>Today<\/a><\/strong><\/p>\n

AMINA is Targeting Institutional Clients, Professional Investors\u00a0<\/strong><\/h2>\n

Furthermore, AMINA intends to broaden its RLUSD-related services in the coming months. This reflects growing demand for digital assets in the financial sector. <\/span>Importantly, Switzerland has long positioned itself as a global leader in crypto innovation, with Zug often being called \u201cCrypto Valley.\u201d<\/span><\/p>\n

AMINA Bank\u2019s CEO commented, \u201cOur 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.\u201d\u00a0<\/span><\/p>\n

Hence, the bank pioneering the Ripple stablecoin could prompt other Swiss and international banks to follow the lead.\u00a0<\/span><\/p>\n

DISCOVER:\u00a0Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/strong><\/p>\n

Ripple Files for US Banking License for XRP and RLUSD<\/h2>\n

Ripple is making power moves <\/p>\n

\u27a4 $XRP<\/a> breaks multi-month downtrend<\/p>\n

\u27a4 $RLUSD<\/a> backed by Amina Bank<\/p>\n

\u27a4 Ripple applies for U.S. bank charter<\/p>\n

XRP is becoming part of the U.S. banking system. pic.twitter.com\/0AK9cdIb9F<\/a><\/p>\n

\u2014 ALexia (@Alex1i9) July 4, 2025<\/a><\/p>\n\n

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. <\/span>This<\/span> isn\u2019t just about checking boxes. It\u2019s 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.<\/span><\/p>\n

Ripple\u2019s CEO,\u00a0<\/span>Brad<\/span>\u00a0Garlinghouse,<\/span>\u00a0confirmed the application publicly, pointing out that RLUSD already operates under New York\u2019s financial regulators.<\/span>\u00a0Getting 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\u2019s also a signal to investors, regulators, and institutions that Ripple wants RLUSD to\u00a0<\/span>be taken<\/span>\u00a0seriously.<\/span><\/p>\n

Read more: Ripple Files for US Banking License for XRP and RLUSD<\/a><\/strong><\/p>\n

<\/span><\/p>\n

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Key Takeaways<\/h2>\n


\n <\/span><\/p>\n


\n AMINA Bank, headquartered in Zug and licensed by Switzerland\u2019s FINMA, is the first global bank to support RLUSD, Ripple\u2019s new stablecoin pegged to the US dollar.<\/span><\/p>\n


\n <\/span><\/p>\n


\n The bank is starting with custody and trading services for RLUSD. It is targeting institutional clients and professional investors seeking compliant, regulated stablecoins.<\/span><\/p>\n


\n <\/span><\/p>\n


\n <\/span><\/p>\n

<\/span><\/p>\n<\/div>\n

<\/p>\n

The post Swiss Bank AMINA Becomes First to Offer Custody, Trading for Ripple\u2019s RLUSD Stablecoin<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Swiss crypto-focused financial institution AMINA Bank announced providing custody and trading services for Ripple\u2019s RLUSD stablecoin.\u00a0 On 3 July 2025, the Swiss FINMA (Financial Market Supervisory Authority) regulated crypto bank said in a press release, \u201cCustody and trading services will be available to AMINA clients holding RLUSD, establishing a foundation for expanded services in the […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78309","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78309"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78309"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78309\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}