Amina Bank Introduces RLUSD, Enhancing Accessibility to Stablecoins
In a significant move for the digital asset industry, Switzerland-based crypto banking institution AMINA has integrated Ripple USD (RLUSD) into its platform. This stablecoin, pegged to the US dollar, is rapidly establishing itself as a major institutional stablecoin contender, with growing adoption in the cross-border and institutional finance sectors.
As of late August 2025, RLUSD's market capitalization stands at approximately $686 million, indicative of healthy liquidity and usage. The integration with AMINA underscores RLUSD's progress towards bridging traditional finance and crypto ecosystems, enhancing institutional confidence and use case viability within regulated banking infrastructures.
Initially, AMINA introduced custody and trading services for RLUSD for clients seeking secure access to stablecoins. The interface for managing RLUSD is designed to deliver speed and security, allowing users to seamlessly incorporate stablecoins into their financial operations. RLUSD, issued in the United States, maintains a one-to-one peg with the US dollar and is fully backed by cash and equivalents such as US Treasuries.
Institutional and cross-border adoption is a primary growth driver for RLUSD. It is favored for cost-effective, operationally efficient transactions, especially on the XRP Ledger and XRP-EVM, where transaction fees are paid in XRP, benefiting XRP holders through token burn mechanisms.
RLUSD benefits from strong regulatory alignment and trust due to backing by U.S. dollar reserves in custody with BNY Mellon and compliance with evolving regulatory frameworks such as the U.S. GENIUS Act and Hong Kong licensing reforms. These factors help RLUSD gain an edge over competitors like Tether amid global scrutiny.
AMINA, as a FINMA-regulated institution, offers RLUSD under robust compliance frameworks. This commitment to combining traditional governance standards with innovative crypto services positions AMINA as a pivotal bridge between two evolving financial paradigms.
Ripple's strategic approach includes seeking a U.S. banking charter (decision expected October 2025) and expanding into regulated markets such as Japan via partners like SBI Holdings. These moves aim to cement RLUSD's position as a compliant, institutional-grade stablecoin within global financial systems.
In January 2025, AMINA introduced zero custody fees for users of its Stablecoin Rewards Account, offering fee-free storage for USDC and EURC holdings and quarterly interest rewards starting at 0.2%. The Stablecoin Rewards Account structure replicates the core benefits of fiat banking while eliminating conventional fees, positioning it as a dependable asset in the digital finance space, particularly in regions where regulatory clarity is crucial for adoption.
With its integration into AMINA and previous stablecoin initiatives, RLUSD solidifies its position as a leading player in the regulated digital asset banking space. The bank's RLUSD offering is expected to be followed by a broader suite of services in the near future, further cementing its role in the expanding $250 billion stablecoin market driven by structured, compliant, and institutional use.
