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Swiss AMINA Bank Becomes First to Support Ripple’s RLUSD Stablecoin

  • AMINA Bank in Switzerland is the first global bank to offer support for Ripple's new stablecoin, RLUSD, providing custody and trading services for the USD-pegged digital asset.
  • Starting July 3rd, clients of AMINA Bank will have access to hold and trade RLUSD, catering initially to professional investors, institutions, and corporations.
  • Regulated by FINMA, AMINA Bank ensures secure custody of stablecoins, addressing the increasing demand for safe storage options for digital assets.
  • The move by AMINA Bank to support RLUSD is seen as a strategic partnership with Ripple, aimed at meeting the rising demand for regulated digital money and expanding Ripple's clientele.

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