AMINA Bank Launches First Regulated RLUSD Custody and Trading Services

AMINA Bank, supervised by the Swiss Financial Market Supervisory Authority (FINMA), now allows professional investors, institutions and corporations to hold and trade RLUSD directly through its platform. The token is fully backed by reserved cash and equivalents and issued on both the XRP Ledger and Ethereum networks.

RLUSD is issued by Ripple's subsidiary Standard Custody under NYDFS supervision and maintains a one-to-one U.S. dollar peg. The decision addresses mounting institutional demand for regulated tokens offering transparent reserves, real-time settlement and compliance with global banking standards.

Multi-Jurisdictional Infrastructure

AMINA Bank AG, founded in April 2018 and headquartered in Zug, obtained its Swiss banking license in August 2019. The bank expanded with branches in Abu Dhabi (FSRA-approved in February 2022) and Hong Kong (SFC licensed in November 2023).

At launch, AMINA clients can custody RLUSD in both hot and cold wallets managed by the bank's compliance-driven infrastructure. Clients can execute trades via the bank's trading interface without third-party bridges.

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. 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,

said Myles Harrison, Chief Product Officer of AMINA Bank.

Reserve Structure and Future Services

RLUSD's reserves, exceeding $440 million as of June 2025, are held in segregated accounts and audited under strict SLAs, ensuring full redemption rights at any time. The token's market capitalization surpassed $440 million, reflecting growing institutional adoption.

AMINA plans to extend its RLUSD services to include lending, payments integration and tokenized asset workflows in coming months, leveraging its multi-jurisdictional licenses. The bank continues to expand its offerings alongside existing support for USDC and USDT to meet diverse client needs.