Swiss crypto bank AMINA has become the first multinational bank to support the Ripple stablecoin RLUSD
BlockBeats News, July 3rd, Swiss crypto bank AMINA Bank announced on Thursday that it will provide Ripple Dollar Stablecoin (RLUSD) related services to its clients, becoming the world's first multinational operational bank to support this stablecoin.
AMINA Bank stated that the bank will initially offer custody and trading services for RLUSD to institutional clients and professional investors, with plans to gradually expand related services in the coming months. Currently, RLUSD is backed by U.S. Treasury bonds, regulated by the New York State Department of Financial Services, with a circulating supply of $430 million.
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