On July 3, 2025, Ripple partnered with Switzerland-based AMINA Bank, marking a key milestone in its institutional expansion. AMINA Bank became the first globally licensed bank to offer custody and trading services for RLUSD, Ripple’s U.S. dollar-pegged stablecoin.
Regulated by Switzerland’s FINMA, AMINA Bank also operates in Abu Dhabi and Hong Kong. The bank now provides institutional-grade custody and trading for RLUSD, fully backed by U.S. dollars and short-term Treasuries. This partnership introduces Ripple’s stablecoin into Europe’s regulated financial environment.
Myles Harrison, Chief Product Officer at AMINA Bank, said the decision stemmed from Ripple’s transparent operations and regulatory stance.
“Institutional clients are looking for digital assets that offer both compliance and utility. RLUSD fits within that framework,”
he stated.
Ripple Connects RLUSD to Institutional Finance
RLUSD operates across the XRP Ledger and Ethereum-compatible chains. Its design supports fast, low-cost settlements for payments and tokenized assets. By integrating RLUSD into AMINA Bank’s offerings, Ripple links blockchain settlement with traditional institutional infrastructure.
The stablecoin has already secured regulatory approval from bodies such as the New York Department of Financial Services and Dubai Financial Services Authority. Its entry into Europe aligns with the EU’s Markets in Crypto-Assets (MiCA) regulations, positioning Ripple ahead of broader compliance requirements.
With more than $430 million in circulation, RLUSD remains smaller than USDT or USDC but continues to grow in regulated environments. AMINA’s services include secure custody and direct trading. The bank also plans to offer tokenized savings products and on-chain collateral tools using RLUSD.
The integration supports Ripple’s strategy to embed RLUSD into cross-border treasury management and digital asset platforms. This approach not only strengthens Ripple’s ecosystem but also expands XRP’s utility in compliant financial markets.
XRP Forms Bullish Flag, Eyes 28% Upside Toward $2.83
Meanwhile, the chart, dated July 4, 2025, shows that you created a bullish flag pattern on the XRP/USD daily chart. A bullish flag pattern appears when the price moves sharply upward, then consolidates in a downward-sloping channel before potentially breaking out in the same upward direction. This structure often signals trend continuation rather than reversal.
Currently, XRP trades at $2.22 while testing the upper boundary of the flag. The consolidation happened after a clear upward move in May. The 50-day exponential moving average (EMA), which sits at $2.21, now supports the price from below. At the same time, the relative strength index (RSI) stands at 52.75, suggesting neutral momentum with room to rise further.
If XRP breaks above the flag resistance, the pattern indicates a likely 28 percent move upward from the current level. That breakout would project a price target near $2.83. The price action, volume behavior, and technical structure together support the potential continuation of XRP’s previous rally.
