BEAMSTART Logo

HomeNews

AMINA Bank Pioneers Support for Ripple’s RLUSD Stablecoin in Institutional Crypto Space

Maria LourdesMaria Lourdes7h ago

AMINA Bank Pioneers Support for Ripple’s RLUSD Stablecoin in Institutional Crypto Space

In a groundbreaking move for the cryptocurrency and traditional finance sectors, AMINA Bank, a Swiss-based financial institution regulated by FINMA, has become the first global bank to integrate support for Ripple USD (RLUSD), Ripple’s newly launched stablecoin. This development marks a significant step toward bridging the gap between digital assets and institutional finance, as announced on July 3, 2025.

AMINA Bank now offers custody and trading services for RLUSD, enabling professional investors, institutions, and corporations to securely manage and trade this dollar-backed stablecoin. This initiative is set to meet the growing demand for regulated stablecoins, which provide a stable value pegged to the US dollar, reducing volatility concerns for institutional players.

Myles Harrison, Chief Product Officer at AMINA Bank, emphasized their commitment to innovation, stating,

At AMINA Bank, we are dedicated to integrating cutting-edge products so our clients can navigate and adopt digital assets seamlessly. We are proud to be the first bank to support RLUSD and to collaborate with Ripple, a leader in transparency and compliance.

With a reported market capitalization exceeding $440 million as of June 2025, RLUSD is rapidly gaining traction as a trusted asset for institutions seeking exposure to stablecoins. AMINA’s support positions it as a frontrunner in providing institutional-grade services in the evolving crypto landscape.

This partnership with Ripple also aligns with AMINA Bank’s mission to expand access to compliant digital asset ecosystems. The bank plans to further enhance its offerings related to RLUSD in the coming months, potentially including additional financial products and services.

As the cryptocurrency market continues to mature, collaborations like this between traditional banks and blockchain innovators signal a future where digital assets are seamlessly integrated into mainstream finance. AMINA Bank’s pioneering role could inspire other financial institutions to explore similar integrations, driving broader adoption of stablecoins like RLUSD.


More Pictures

AMINA Bank Pioneers Support for Ripple’s RLUSD Stablecoin in Institutional Crypto Space - BitcoinWorld (Picture 1)

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.