Ripple has minted another 16 million RLUSD, its dollar-backed stablecoin. The fresh minting pushes the total circulating supply higher.
AMINA Bank Becomes First Global Bank to Support Ripple’s RLUSD
According to the X post, the minting happened at Ripple’s treasury and suggests strong demand for RLUSD in the stablecoin market. Meanwhile, AMINA Bank has stated that it is the first bank in the world to support RLUSD directly.
AMINA is a cryptocurrency bank in Switzerland with provides crypto services to institutions and professional investors. According to the press release, AMINA will now provide custody and trading services for RLUSD.
The crypto bank wants to blend the security of traditional banking with the efficiency of blockchain technology. The bank has a global presence and a strong focus on regulated crypto solutions.
By providing support for RLUSD, AMINA has become one of the leading institutions among the banks integrating into digital resources. RLUSD has cash as well as cash equivalent reserves. Such reserves are deposited at Standard Custody, a subsidiary company of Ripple itself, which is closely controlled by New York regulators.
RLUSD Gains Strength Due To Rising Institutional Interest
The design of the stablecoin is appealing to businesses and other financial institutions that require on-chain settlement that is dependable. The move by AMINA comes when there is a sharp demand for regulated stablecoins.
Increasingly more companies and funds want to acquire assets with a high price stability that are transparent. Market capitalization RLUSD is already more than \$440 million as at June 2025.
The fresh minting of 16 million tokens will likely increase RLUSD’s liquidity and encourage more use cases. Ripple is aiming to reinforce its presence in international payments by increasing RLUSD supply along with collaboration with a regulated bank.
Ripple aims to ensure that its stablecoin can become a safe intermediary between fiat and crypto. Other banks might as well be eager to support RLUSD or other stablecoins due to the move by AMINA.
The partnership shows that some banks are ready to go beyond traditional finance and explore blockchain-backed solutions.
Ripple’s RLUSD Gains Momentum as Bridge Between TradFi and Crypto
The combination of the new mint and AMINA’s support significant. It is proof that banks and blockchain networks can work closely to deliver modern financial services.
This step may open doors for more institutions to adopt RLUSD and help shape the next stage of digital finance. Before its latest partnership, Ripple also partnered with OpenPayd to enable easy conversion of fiat to RLUSD. The aim of the move is to enable RLUSD challenge USDT and USDC’s leading positions in the stablecoin market.
Paul
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others.
He holds a degree in Geophysics from OAU, Nigeria. When he’s not writing, he loves watching soccer and reading educative journals.
He can be reached via [email protected]
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