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

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

News

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

2025-07-03 14:50 Last Updated At:15:40

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.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250702363613/en/

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.

AMINA and Ripple join forces.

Lionel Messi, Kylian Mbappé and Erling Haaland have taken their expected starring roles so far in the World Cup.

Cristiano Ronaldo is getting some unexpected criticism.

Portugal's 41-year-old star arrived in North America hoping to to make history by scoring in his sixth straight World Cup. He ended up frustrated after a forgettable opening performance in Portugal's surprising 1-1 draw against Congo, missing on a couple of good scoring chances in the second half.

Ronaldo and Portugal get a chance to get back on track against Uzbekistan Tuesday in Houston.

One of the pre-tournament favorites to win the World Cup, Portugal could use a win to keep pace in Group K following Colombia's opening win and Congo's tie in its first World Cup in 52 years.

Colombia and Congo play in Guadalajara, Mexico, in Tuesday's late match, with England and Harry Kane facing Ghana. Panama also plays Croatia in a critical Group L match after both teams lost their openers.

— Portugal vs. Uzbekistan, 1 p.m. EDT in Houston (Fox/Telemundo/Peacock)

— England vs. Ghana, 4 p.m. EDT in Foxborough, Massachusetts (Fox/Telemundo/Peacock)

— Panama vs. Croatia, 7 p.m. EDT in Toronto (Fox/Telemundo/Peacock)

— Colombia vs. Congo, 10 p.m. EDT in Guadalajara, Mexico (FS1/Telemundo/Peacock)

Harry Kane scored two goals in England's opening 4-2 win over Croatia, giving him 10 in World Cup play to match Gary Lineker's English record. It also pushed Kane into a seven-way tie for seventh in tournament history.

Kane gets a chance to add to that total when England faces surprising Ghana in Foxborough, Massachusetts, on Tuesday.

Should he score, Kane would move into a tie for sixth with Germany's Jürgen Klinsmann and Hungary's Sándor Kocsis. A win would send England to the knockout stage for the third straight World Cup.

Ghana is tied with England atop Group L following its opening 1-0 win over Panama on Brandon Thomas-Asante's goal in the fifth minute of second-half stoppage time. Ghana is looking for its first trip to the knockout stage since reaching the quarterfinals in 2010.

England is unbeaten against African teams at the World Cup, with five wins and three draws.

Panama and Croatia will play a game in Toronto that neither can afford to lose.

With opening losses, the countries are at the bottom of Group L behind England and Ghana. A win keeps alive the hopes of reaching the knockout stage, while a loss all but ends those hopes.

Panama was in line for its first World Cup point against Ghana before Thomas-Asante's late goal broke a scoreless tie.

Croatia finished third in Qatar in 2022 and was runner-up to France four years earlier in Russia, but is in trouble after losing 4-2 to England in this year's opener.

Colombia can lock up its spot in the knockout stage against surprising Congo in Guadalajara.

It would be a big step after the Colombians didn't even get into the World Cup in Qatar in 2022.

Luis Diaz got Colombia off to a strong start in its opener, finishing with a goal and an assist in a 3-1 win over Uzbekistan.

The Colombians could face a difficult task against a disciplined Congo side that frustrated Portugal.

Keep an eye on Congo's Yoane Wissa. The Newcastle United forward scored Congo's first goal in two World Cup appearances with a header in stoppage time just before halftime against Portugal.

— Messi sets World Cup scoring record as defending champion Argentina advances to knockout stage

— Christian Pulisic returns to training with US after missing last World Cup match with injury

— World Cup concessions: $75 caviar-topped tots in Miami, a day’s pay worth of beer in Mexico City

— Germany defender Nico Schlotterbeck out for the rest of the World Cup with ankle injury

— World Cup goal frenzy: 121 goals in 40 games. Premier League players lead the way

— A win over Saudi Arabia would send Cape Verde to the round of 32 at the World Cup

— World Cup Day 12 photo gallery

Messi scored his 17th and 18th World Cup goals in a 2-0 over Austria, breaking the record of 16 set by Germany's Miroslav Klos. The Argentina star also set another, less-desirable record, missing his third career non-shootout penalty kick in the first half. That's one more than Ghana's Asamoah Gyan for such misses in the World Cup. Messi also has taken a record seven penalty kicks.

AP Sports Writer Kyle Hightower contributed to this report.

AP World Cup coverage: https://apnews.com/hub/fifa-world-cup

Congo's Yoane Wissa (20) lies on his back asPortugal's Nelson Semedo (2) tres to run around him during the World Cup Group K soccer match between Portugal and Congo in Houston, Wednesday, June 17, 2026. (AP Photo/Michael Wyke)

Congo's Yoane Wissa (20) lies on his back asPortugal's Nelson Semedo (2) tres to run around him during the World Cup Group K soccer match between Portugal and Congo in Houston, Wednesday, June 17, 2026. (AP Photo/Michael Wyke)

Argentina's Lionel Messi, center, scores the opening goal during the World Cup Group J soccer match between Argentina and Austria in Arlington, Texas, near Dallas, Monday, June 22, 2026. (AP Photo/Julio Cortez)

Argentina's Lionel Messi, center, scores the opening goal during the World Cup Group J soccer match between Argentina and Austria in Arlington, Texas, near Dallas, Monday, June 22, 2026. (AP Photo/Julio Cortez)

England's Jude Bellingham (10) embraces Harry Kane after scoring their third goal during the World Cup Group L soccer match between England and Croatia in Arlington, Texas, near Dallas, Wednesday, June 17, 2026. (AP Photo/Julio Cortez)

England's Jude Bellingham (10) embraces Harry Kane after scoring their third goal during the World Cup Group L soccer match between England and Croatia in Arlington, Texas, near Dallas, Wednesday, June 17, 2026. (AP Photo/Julio Cortez)

Portugal's Cristiano Ronaldo reacts during the World Cup Group K soccer match between Portugal and Congo in Houston, Wednesday, June 17, 2026. (AP Photo/Ashley Landis)

Portugal's Cristiano Ronaldo reacts during the World Cup Group K soccer match between Portugal and Congo in Houston, Wednesday, June 17, 2026. (AP Photo/Ashley Landis)

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