Swiss AMINA Bank Launches RLUSD Stablecoin Service for Institutions

- AMINA Bank now offers Ripple RLUSD to help clients access regulated digital assets.
- The RLUSD is fully backed with real money and operates under clear U.S. regulations.
- Global investors can now trade and hold RLUSD using AMINA’s secure, trusted banking network.
Swiss crypto-focused AMINA Bank has launched custody and trading services for Ripple’s RLUSD stablecoin, becoming the first global bank to support it. AMINA’s RLUSD services will initially cater to institutional clients and professional investors, with expansion plans already in place.
The move aligns with the bank’s broader vision of merging traditional finance with emerging crypto infrastructure, supported by strong licensing from regulators in Switzerland, Abu Dhabi, and Hong Kong. RLUSD, Ripple’s U.S. dollar-backed stablecoin, is issued under regulatory oversight and backed one-to-one with cash or short-term U.S. Treasuries.
“We 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,” said Myles Harrison, Chief Product Officer of AMINA Bank.
Institutional Clients Gain Regulated Access to RLUSD
The bank announced that RLUSD services would initially focus on custody and trading for institutions and professionals seeking regulatory-compliant stablecoins. This is a strategic move as stablecoins increasingly enter mainstream financial systems and payment networks.
Ripple’s RLUSD has been priced as a dollar-pegged stablecoin and is fully backed by cash and equivalent assets, such as U.S. Treasury bonds. Ripple ensures that each token, RLUSD, carries a dollar’s worth of the real asset in the reserve. The regulator of the asset is the New York Department of Financial Services.
AMINA can offer a solid custody and trading infrastructure. It features an institutional-grade security platform used by financial institutions worldwide. This integration enables investors and corporate treasuries to get RLUSD in compliance and stability.
The bank emphasized that necessary regulatory guardrails are already in place, ensuring clients operate within approved frameworks across jurisdictions.
A Strategic Expansion into Stablecoin Markets
AMINA Bank is licensed by Switzerland’s Financial Market Supervisory Authority (FINMA). It also holds regulatory approval from the Abu Dhabi Financial Services Regulatory Authority (FSRA) and Hong Kong’s Securities and Futures Commission (SFC). Founded in April 2018 and headquartered in Zug, the bank has experienced rapid growth in recent years.
In its recent financial disclosure, AMINA posted a 69% surge in revenue. It also recorded a 136% jump in assets under management, now totaling $4.2 billion. This makes it one of Switzerland’s fastest-growing crypto banks, driven primarily by demand from institutional investors.
The launch of RLUSD should expand the product of AMINA and foster its desire to combine traditional banking with cryptocurrency finance. Stablecoins represent a $250 billion asset class and continue to grow in adoption. RLUSD’s entry adds a regulated option to the market, offering security, transparency, and compliance.
Related: Ripple Stablecoin RLUSD Approved for Use in Dubai’s DIFC
Could RLUSD Become the Next Standard for Digital Dollars?
The stablecoin debut follows the United States’ policy shift in March 2025, allowing banks to hold crypto reserves. This regulatory pivot is creating pathways for stablecoins to enter traditional finance frameworks and risk-managed trading systems.
The emphasis on compliance, safe custody, and institutional access positions AMINA favorably to drive such a change. The bank assured that it would have a broader scope for RLUSD within months to meet the rising demands in the market.