Swiss-based AMINA Bank has entered a strategic partnership with Ripple to provide custody and trading services for the company’s dollar-pegged stablecoin, RLUSD, within a fully regulated Swiss banking framework.This marks one of the first instances of a traditional bank integrating a newly launched stablecoin into its institutional-grade operations.

RLUSD recently received regulatory approval in New York and the Dubai International Financial Centre, and this Swiss deal extends its footprint into Europe via a FINMA-licensed institution, setting it firmly on the path toward MiCA compliance. AMINA, previously known as SEBA Bank, chose RLUSD due to its transparent structure and Ripple’s rigorous approach to compliance, according to Myles Harrison, AMINA’s Chief Product Officer.

Why It Matters

1. European Integration Under MiCAWith the EU’s Markets in Crypto-Assets (MiCA) regulation now active — which mandates robust oversight, asset backing, and frequent attestation — RLUSD’s integration into Swiss banking systems represents a key step toward meeting European regulatory standards.

2. Institution-Grade DeploymentThrough AMINA and its partner Taurus (backed by Deutsche Bank), RLUSD gains access to traditional trading and custodial infrastructure, bringing enterprise-level resilience and trust to the stablecoin.

3. Strategic European CorridorAnchoring RLUSD in Switzerland, a DLT-friendly jurisdiction with legal clarity for tokenized assets, establishes a stablecoin corridor linking European institutions directly…