• bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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AMINA Bank crypto services now support Ripple

AMINA Bank crypto services expand with Ripple stablecoin RLUSD integration

Rami Al-Saadi

AMINA Bank crypto services are breaking ground with the addition of Ripple’s stablecoin RLUSD to its offerings.

This marks a bold step by the Swiss-based bank, which now supports custody and trading for RLUSD. The move positions AMINA as the first globally operating bank to integrate Ripple’s U.S. dollar-pegged stablecoin. Starting with institutional clients and professional investors, AMINA plans to widen access to RLUSD services soon.

Stablecoins have seen exponential growth, and banks are eyeing their potential to streamline financial systems. RLUSD, Ripple’s latest stablecoin, is backed by U.S. Treasuries and regulated by New York’s financial authority. AMINA Bank, licensed by Switzerland’s FINMA, views this as a way to align traditional finance with crypto innovation.

The demand for regulated, compliant digital assets is rising. AMINA Bank crypto services aim to meet this need by offering a stablecoin supported by robust oversight. RLUSD’s $430 million supply highlights investor interest, especially among institutions seeking security and transparency.

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Ripple stablecoin RLUSD gains traction with institutional investors

The bank’s move aligns with broader trends in digital finance. Stablecoins like RLUSD are becoming vital tools in cross-border payments and financial inclusion. AMINA’s hubs in Hong Kong and Abu Dhabi reinforce its global strategy. The bank’s infrastructure allows seamless service to clients across continents.

More financial institutions are stepping into the stablecoin arena, driven by growing regulatory clarity. AMINA Bank crypto services stand out due to their early adoption of a high-profile stablecoin like RLUSD. With Ripple’s regulatory credibility and AMINA’s banking prowess, clients get a safe and innovative crypto solution.

By integrating RLUSD, AMINA helps legitimize the use of digital dollars in institutional portfolios. Its blend of traditional banking trust and crypto adaptability makes it a key player in future finance.

AMINA Bank crypto services bridge traditional finance and blockchain

Stablecoins are no longer fringe assets; they’re central to blockchain’s financial promise. AMINA Bank crypto services reflect a new era where regulated banks embrace tokenized money. This approach offers stability, fast transactions, and wide adoption potential.

The bank’s step also signifies confidence in Ripple’s ecosystem. RLUSD, issued with stringent compliance, assures clients of a transparent and well-regulated product. AMINA’s strategic positioning and regulatory adherence could inspire other banks to follow.

As stablecoin usage expands, AMINA’s early move may bring it major traction among crypto-savvy institutions. The bridge between traditional and decentralized finance is being built—one stablecoin at a time.

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What is RLUSD and why is it important?

RLUSD is Ripple’s U.S. dollar-pegged stablecoin, backed by U.S. Treasuries and regulated by the New York Department of Financial Services. It’s designed to provide price stability and transparency, crucial for institutional use. Its regulated nature makes it a trusted option for banks and investors alike. RLUSD is important because it enables faster, cheaper, and more secure transactions in a blockchain environment while offering the assurance of fiat currency backing. It’s a prime example of how traditional finance tools are being reimagined for the digital age.

What makes AMINA Bank’s RLUSD offering unique?

AMINA Bank stands out as the first globally operating bank to offer RLUSD custody and trading. Its regulated status in Switzerland, along with operational hubs in Hong Kong and Abu Dhabi, gives it a strong compliance framework. AMINA focuses on institutional clients and professional investors, ensuring high standards of security and service. Their proactive approach in adopting RLUSD underlines their strategy to fuse traditional banking infrastructure with cutting-edge blockchain assets, delivering future-ready financial solutions.

How do stablecoins like RLUSD benefit institutional investors?

Stablecoins such as RLUSD offer price stability, liquidity, and regulatory clarity—key elements for institutional confidence. They simplify international transactions, reduce costs, and enable instant settlement without traditional banking delays. RLUSD, specifically, benefits from Ripple’s enterprise-grade technology and compliance, making it an appealing option for institutions. It allows investors to park capital in a digital asset that retains fiat value while staying within legal frameworks. For many, it’s a secure bridge between cash and crypto.

Is this a sign of wider stablecoin adoption in banking?

Absolutely. AMINA Bank’s move reflects a broader trend of banks integrating stablecoins into their service offerings. As regulations mature and technology becomes more robust, more banks are exploring compliant digital assets. RLUSD’s regulated backing and AMINA’s credibility make this partnership a model for others. The blend of traditional financial safeguards with blockchain efficiency is increasingly seen as the future of finance, suggesting that stablecoins will become standard components of modern banking.

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