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AMINA Bank, a Swiss-based FINMA-licensed institution, will now provide custody and trading services for Ripple’s RLUSD stablecoin. This marks a significant step in integrating the dollar-pegged asset into Europe’s regulated banking ecosystem. The partnership underscores Ripple’s strategic push for compliance and institutional adoption.
- RLUSD gains a FINMA-licensed custodian in AMINA Bank, enhancing its regulated European presence.
- The stablecoin is approved by NYDFS and DFSA, with integrations in Hidden Road and Ripple Payments.
- Switzerland’s DLT Act provides a clear legal framework for RLUSD’s custody and trading.
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