{"id":35223,"date":"2025-07-04T13:02:08","date_gmt":"2025-07-04T13:02:08","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35223"},"modified":"2025-07-04T13:02:08","modified_gmt":"2025-07-04T13:02:08","slug":"swiss-bank-amina-becomes-first-to-offer-custody-trading-for-ripples-rlusd-stablecoin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35223","title":{"rendered":"Swiss Bank AMINA Becomes First to Offer Custody, Trading for Ripple\u2019s RLUSD Stablecoin"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">Swiss crypto-focused financial institution AMINA Bank announced providing custody and trading services for Ripple\u2019s RLUSD stablecoin.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">On 3 July 2025, the Swiss FINMA (Financial Market Supervisory Authority) regulated crypto bank said in <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250702363613\/en\/AMINA-Becomes-the-First-Bank-Globally-to-Support-Ripple-USD-RLUSD-as-Demand-for-Stablecoins-Surges\" target=\"_blank\" rel=\"nofollow\">a press release<\/a>, \u201cCustody and trading services will be available to AMINA clients holding RLUSD, establishing a foundation for expanded services in the coming months.\u201d<\/span><\/p>\n<p>Commenting on the development, Myles Harrison, Chief Product Officer of AMINA Bank said, \u201cWe 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.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f4a5.png\" alt=\"\ud83d\udca5\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">JUST IN: SWISS-BASED AMINA BANK BECOMES THE FIRST GLOBAL BANK TO SUPPORT <a href=\"https:\/\/twitter.com\/Ripple?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@RIPPLE<\/a>\u2019S NEW STABLECOIN <a href=\"https:\/\/twitter.com\/search?q=%24RLUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$RLUSD<\/a> \u2013 COINDESK<\/p>\n<p>BULLISH <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#XRP<\/a> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f680.png\" alt=\"\ud83d\ude80\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/E0eHFAaH7X\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/E0eHFAaH7X<\/a><\/p>\n<p>\u2014 Amonyx (@amonbuy) <a href=\"https:\/\/twitter.com\/amonbuy\/status\/1940688958780068296?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">July 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u201cRipple\u2019s commitment to transparency and compliance make them ideal collaborators as we continue our mission to expand institutional-grade digital asset services,\u201d Harrison added.<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best Meme Coin ICOs to Invest in <\/a><\/strong><strong><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Today<\/a><\/strong><\/p>\n<h2><strong>AMINA is Targeting Institutional Clients, Professional Investors\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Furthermore, AMINA intends to broaden its RLUSD-related services in the coming months. This reflects growing demand for digital assets in the financial sector. <\/span><span style=\"font-weight: 400\">Importantly, Switzerland has long positioned itself as a global leader in crypto innovation, with Zug often being called \u201cCrypto Valley.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">AMINA Bank\u2019s CEO commented, \u201cOur goal is to bridge the gap between traditional banking and the emerging world of digital assets, providing our clients with secure, regulated access to innovative financial instruments.\u201d\u00a0<\/span><\/p>\n<p>Hence, the bank pioneering the Ripple stablecoin could prompt other Swiss<span style=\"font-weight: 400\"> and international banks to follow the lead.\u00a0<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/strong><\/p>\n<h2 class=\"nnbtc-header__title\">Ripple Files for US Banking License for XRP and RLUSD<\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Ripple is making power moves <\/p>\n<p>\u27a4 <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$XRP<\/a> breaks multi-month downtrend<\/p>\n<p>\u27a4 <a href=\"https:\/\/twitter.com\/search?q=%24RLUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$RLUSD<\/a> backed by Amina Bank<\/p>\n<p>\u27a4 Ripple applies for U.S. bank charter<\/p>\n<p>XRP is becoming part of the U.S. banking system. <a href=\"https:\/\/t.co\/0AK9cdIb9F\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/0AK9cdIb9F<\/a><\/p>\n<p>\u2014 ALexia (@Alex1i9) <a href=\"https:\/\/twitter.com\/Alex1i9\/status\/1941098254424592699?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">July 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Notably, the company behind XRP has applied for a national banking charter in the US, aiming to bring its RLUSD stablecoin under direct federal oversight. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> isn\u2019t just about checking boxes. It\u2019s a strategic attempt to give RLUSD a stronger foundation. It could also open the door to a deeper role in the financial system. If approved, the Ripple banking license would allow the company to hold RLUSD reserves directly with the Federal Reserve.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ripple\u2019s CEO,\u00a0<\/span><span data-preserver-spaces=\"true\">Brad<\/span>\u00a0<span data-preserver-spaces=\"true\">Garlinghouse,<\/span><span data-preserver-spaces=\"true\">\u00a0confirmed the application publicly, pointing out that RLUSD already operates under New York\u2019s financial regulators.<\/span><span data-preserver-spaces=\"true\">\u00a0Getting a national charter through the Office of the Comptroller of the Currency (OCC) would expand that coverage, blending state-level approval with federal credibility. It\u2019s also a signal to investors, regulators, and institutions that Ripple wants RLUSD to\u00a0<\/span><span data-preserver-spaces=\"true\">be taken<\/span><span data-preserver-spaces=\"true\">\u00a0seriously.<\/span><\/p>\n<p><strong>Read more: <a href=\"https:\/\/99bitcoins.com\/news\/adoption\/ripple-files-for-u-s-banking-license-for-xrp-and-rlusd\/\">Ripple Files for US Banking License for XRP and RLUSD<\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span style=\"font-weight: 400\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         AMINA Bank, headquartered in Zug and licensed by Switzerland\u2019s FINMA, is the first global bank to support RLUSD, Ripple\u2019s new stablecoin pegged to the US dollar.<\/li>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         The bank is starting with custody and trading services for RLUSD. It is targeting institutional clients and professional investors seeking compliant, regulated stablecoins.<\/li>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/swiss-bank-amina-becomes-first-to-offer-custody-trading-for-ripples-rlusd-stablecoin\/\">Swiss Bank AMINA Becomes First to Offer Custody, Trading for Ripple\u2019s RLUSD Stablecoin<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Swiss crypto-focused financial institution AMINA Bank announced providing custody and trading services for Ripple\u2019s RLUSD stablecoin.\u00a0 On 3 July 2025, the Swiss FINMA (Financial Market Supervisory Authority) regulated crypto bank said in a press release, \u201cCustody and trading services will be available to AMINA clients holding RLUSD, establishing a foundation for expanded services in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35223","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35223"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35223\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}