Ripple’s RLUSD Makes Historic Debut as First Bank-Backed Stablecoin Goes Live with AMINA

Key Takeaways:

• AMINA becomes the first regulated bank globally to offer RLUSD trading and custody services, marking a milestone for institutional adoption of stablecoins.
• Ripple’s RLUSD now boasts a market cap over $440M, with strong backing, regulatory clarity, and native issuance on Ethereum and XRP Ledger.
• This move positions AMINA at the center of crypto-banking infrastructure, amid growing institutional demand for regulated, secure digital asset offerings.

Switzerland’s AMINA Bank has officially become the first bank worldwide to support Ripple USD (RLUSD), a development that could reshape the institutional landscape of stablecoins. In a press release issued today, the FINMA-regulated digital asset bank confirmed immediate trading and custody support for RLUSD, Ripple’s newly launched USD-backed stablecoin.

This milestone comes as demand for regulated, high-transparency stablecoins accelerates. With institutions seeking more secure and compliant onramps into the crypto space, AMINA’s move highlights a growing shift toward bank-grade infrastructure for blockchain finance.

AMINA Bank Steps into the Spotlight

As institutional clients increasingly embrace crypto, regulated banks are also stepping in where offshore or opaque… stablecoin issuers once dominated. AMINA’s adoption of the RLUSD technology makes it a major player in the process.

Read More: Ripple Quietly Mints 10M RLUSD as Stablecoin Bill Gains Steam

RLUSD, which is issued by Ripple Labs’s Standard Custody, a New York‐chartered trust company, is intended to satisfy rigorous reserve and redemption requirements in the U.S. 100% asset-backed with its reserves in dollars, RLUSD is pegged at 1:1 to the U.S. dollar, and will be redeemable under tight service level agreements (SLAs).

“At AMINA Bank, our focus is to deliver institutional-grade solutions in the digital asset space,” said Myles Harrison, Chief Product Officer at AMINA. “By supporting RLUSD, we’re enabling clients to access one of the most compliant and transparent stablecoins available today.”

This is an important step forward in the history of stablecoin infrastructure—unifying regulated banks and blockchain-native assets on one platform.

Why RLUSD Matters in a Crowded Stablecoin Market

Leading the pack in stablecoins, USDT (Tether) and USDC (Circle) exceed the $150 billion mark in combined circulation. But regulatory uncertainty, reserves opacity and control from the center have made institutions cautious.

RLUSD aims…