The convergence of traditional banking and digital assets has found an unlikely champion in AMINA Bank, which has emerged as the first globally operating bank to support Ripple’s RLUSD stablecoin—a development that would have seemed fantastical just a decade ago when banks treated cryptocurrency with the enthusiasm typically reserved for root canal procedures.
Operating under Swiss Financial Market Supervisory Authority (FINMA) regulation, AMINA Bank offers custody and trading services for RLUSD, the dollar-pegged stablecoin that has amassed a market capitalization exceeding $440 million as of June 2025. The bank’s Swiss regulatory framework provides the institutional-grade security that professional investors and corporations demand when venturing into digital asset waters (previously considered shark-infested by traditional finance).
AMINA’s custody solutions encompass both hot and cold storage options, allowing clients to buy and sell RLUSD with the governance standards expected from a Swiss-regulated institution. The bank serves an eclectic mix of crypto natives, Web3 startups, and mainstream corporations across its operational hubs in Switzerland, Abu Dhabi, and Hong Kong—a geographic spread that would make any multinational envious.
AMINA’s Swiss-regulated custody solutions span three continents, bridging crypto natives and Fortune 500 companies with institutional-grade digital asset services.
Beyond RLUSD, AMINA has crafted a broader stablecoin strategy that includes fee-free custody for USDC and quarterly rewards for stablecoin holders, with plans to integrate additional assets like EURC. This extensive approach positions the bank at the intersection of traditional banking security and innovative crypto asset operations. The bank’s USDC holdings are stored in segregated wallets, maintaining complete separation from the bank’s balance sheet to ensure client asset protection. Unlike the high volatility of Bitcoin and Ethereum, stablecoins like RLUSD offer the price stability that makes them more practical for institutional custody and trading operations.
The regulatory backdrop strengthens AMINA’s position considerably. Ripple’s pursuit of a national bank charter and Federal Reserve Master Account would provide enhanced regulatory oversight for RLUSD, potentially granting access to the Federal Reserve system—a development that could fundamentally alter the stablecoin landscape.
AMINA’s pioneering support for RLUSD represents more than mere institutional adoption; it signals a maturation of the digital asset ecosystem where regulatory compliance and transparency drive institutional integration. The bank’s strategy combines traditional banking governance with cutting-edge digital asset innovation, creating a hybrid model that addresses the compliance concerns that have historically kept institutional players on the sidelines.
This precedent-setting approach may well define how traditional financial institutions engage with stablecoins moving forward.
