AMINA Becomes the First Bank Globally to Support Ripple USD (RLUSD) as Demand for Stablecoins Surges

ZUG, Switzerland--(BUSINESS WIRE)--Jul 3, 2025--

AMINA Bank AG (“AMINA Bank”), a Swiss Financial Market Supervisory Authority (FINMA)-regulated crypto bank with global reach, today becomes the first bank globally to directly support Ripple USD (RLUSD), a stablecoin valued one-to-one to the US dollar, offering a blend of stability, efficiency, and regulatory compliance. At launch, custody and trading services will be available to AMINA clients holding RLUSD, establishing a foundation for expanded services in the coming months.

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Myles Harrison, Chief Product Officer of AMINA Bank, said: “At AMINA Bank, we are committed to integrating cutting-edge products so that our clients may best-navigate and adopt digital assets in their day-to-day activities. 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. Ripple's commitment to transparency and compliance make them ideal collaborators as we continue our mission to expand institutional-grade digital asset services.”

With a market capitalisation exceeding $440 million as of June 2025 , RLUSD is gaining momentum as a compliant and trusted asset for institutions seeking stablecoin exposure. As a FINMA-regulated institution, AMINA will enable its client base of professional investors, institutions, and corporations to access Ripple’s stablecoin ecosystem with the security and governance clients expect from a traditional banking partner.

AMINA Bank’s RLUSD offering comes amid a surge in demand for regulated stablecoins. With the acceleration of institutional adoption and demand for regulated solutions, AMINA has established itself as an essential infrastructure provider at crypto’s critical inflection point. As the first bank globally to offer its clients access to RLUSD, AMINA Bank continues to deliver the latest digital economy trends to its diverse individual, institutional and corporate client base.

Certain products and services may not be available to all clients based on legal and regulatory considerations.

About AMINA — Crypto. Banking. Simplified.

Founded in April 2018 and established in Zug (Switzerland), AMINA Bank AG is a pioneer in the crypto banking industry. In August 2019, AMINA Bank AG received the Swiss Banking and Securities Dealer License from the Swiss Financial Market Supervisory Authority (“ FINMA ”). In February 2022, AMINA Bank AG, Abu Dhabi Global Markets (“ ADGM ” ) Branch received Financial Services Permission from the Financial Services Regulatory Authority (“ FSRA ”) of ADGM to Advise on Investments or Credit, Arrange Deals in Investment, Arrange Credit and Arrange Custody for Professional Clients as defined in the Conduct of Business (“ COBS ”) Rulebook. In November 2023, AMINA (Hong Kong) Limited received its Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 9 (Asset Management) licenses from the Securities and Futures Commission (“ SFC ”).

CVVC Global Report and CB Insights named AMINA as one of the Top 50 Companies within the blockchain ecosystem. In 2023, AMINA won the European WealthBriefing Award in the Digital Assets Solution, Fund Manager category. AMINA was most recently recognised as Institutional Digital Asset Innovation of the Year at the Hedgeweek® Global Digital Assets Awards 2025.

To learn more about AMINA, visit www.aminagroup.com.

About Ripple USD (RLUSD)

Ripple USD (RLUSD) is Ripple’s USD-denominated stablecoin, designed to maintain a constant value of one US dollar. RLUSD is issued natively on the XRP Ledger and Ethereum blockchains, and is fully backed by a segregated reserve of cash and cash equivalents, redeemable 1:1 for US dollars. RLUSD enables real-time, secure, compliant payments and easy fiat to stablecoin on/off ramps for exchanges, fintechs, crypto onramps, and more.

Standard Custody, a wholly owned subsidiary of Ripple Labs and the issuer of RLUSD, is chartered and supervised by NYDFS as a limited purpose trust company — it is required to be backed 100% by highly liquid, short-term, transparent reserves. Standard Custody adheres to high safety and soundness standards, including NYDFS customer protection and reserve requirements, as well as redemptions with strict SLAs.

AMINA and Ripple join forces.

Things to watch this weekend in the Big Ten:

No. 6 Indiana (6-1, 3-1) at Michigan (4-2, 1-2), Saturday, noon ET (Fox)

Indiana attempts to bounce back from a 19-15 home loss to No. 3 Ohio State that snapped the defending national champions’ 22-game winning streak.

Michigan could have a new starting quarterback for this game. The Wolverines rallied to beat Penn State 21-18 last week after Tommy Carr took over for Bryce Underwood at quarterback in the second half. Michigan coach Kyle Whittingham said he had decided on his starter but didn't want to announce it beforehand.

No. 15 Iowa (5-1, 2-1 Big Ten) at Minnesota (4-2, 2-1), Saturday, 3:30 p.m. ET (FS1)

Iowa has won 10 of its last 11 meetings with Minnesota and will attempt to maintain possession of Floyd of Rosedale, the 98-pound bronze pig that goes to the winner of this matchup. Minnesota already got a rivalry win this year by beating Michigan at home for the first time since 1977.

No. 16 Southern California (6-1, 3-1) at Wisconsin (4-2, 2-1), 7:30 p.m. ET (NBC)

One week after losing 17-7 at UCLA, Wisconsin returns home to try spoiling USC’s College Football Playoff hopes. Wisconsin’s home-field advantage could get neutralized a bit since this game is taking place at the same time Game 2 of the World Series is happening 80 miles away in Milwaukee.

— Northwestern LB Braydon Brus had 15 tackles – including one for loss - in a 24-21 victory at Michigan State.

— Rutgers WR KJ Duff had nine catches for 113 yards and two touchdowns in a 37-30 victory at Maryland. Duff has nine touchdown catches, and he has accumulated over 100 yards receiving in four of Rutgers’ six games.

— Oregon OLB Matayo Uiagalelei has recorded a sack in each of his last four games. His 24 ½ career sacks put him in a tie for fourth in school history. Nick Reed owns the school record with 29 ½ from 2005-08.

No. 9 UCLA has 19 takeaways to rank second in the Bowl Subdivision, behind only New Mexico (21). UCLA has eight more takeaways than any other Big Ten team. … Rutgers has the fewest penalty yards per game (28.67) of any Bowl Subdivision team. … Indiana’s FBS-leading streak of 1,473 straight snaps without losing a fumble ended against Ohio State, as the Hoosiers lost two fumbles in that game. … Washington’s 38-26 victory over Purdue last week marked the first time since a 2003 Apple Cup triumph over Washington State that the Huskies had won a game in which they committed at least five turnovers. … Penn State has lost its first four Big Ten games for a second straight season. The last time Penn State had started out 0-4 in Big Ten competition in consecutive seasons was in 2003-04.

Sign up for Top 25 poll alerts here. Visit the Top 25 here and see AP’s full college football coverage here.

Iowa defensive end Joseph Anderson, top center, and linebacker Preston Ries (46) tackle Washington quarterback Demond Williams Jr. during the first half of an NCAA college football game, Friday, Oct. 9, 2026, in Seattle. (AP Photo/Lindsey Wasson)