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First Global Custody Support Rolled Out for Ripple’s RLUSD

  • AMINA Bank has launched the first global custody support for Ripple's RLUSD, a dollar-pegged stablecoin backed by U.S. Treasuries and regulated by the New York Department of Financial Services.
  • RLUSD has gained early demand with a circulating supply of $430 million, indicating the interest in compliant digital dollar alternatives.
  • AMINA Bank, licensed by FINMA and under regulatory supervision in Abu Dhabi and Hong Kong, aims to bridge traditional banking with crypto finance, supporting RLUSD to meet global compliance standards.
  • This move not only strengthens Ripple's position in the stablecoin market but also signals potential for future product expansions such as interest-bearing accounts, payment integrations, and more institutional trading solutions.

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