Swiss crypto-focused financial institution AMINA Bank announced providing custody and trading services for Ripple’s RLUSD stablecoin.  On 3 July 2025, the Swiss FINMA (Financial Market Supervisory Authority) regulated crypto bank said in a press release, “Custody and trading services will be available to AMINA clients holding RLUSD, establishing a foundation for expanded services in the coming months.” Commenting on the development, Myles Harrison, Chief Product Officer of AMINA Bank said, “We are proud to be the first bank to support RLUSD and to provide our clients with access to one of the most anticipated digital assets in the market.” JUST IN: SWISS-BASED AMINA BANK BECOMES THE FIRST GLOBAL BANK TO SUPPORT @RIPPLE’S NEW STABLECOIN $RLUSD – COINDESK BULLISH #XRP pic.twitter.com/E0eHFAaH7X — Amonyx (@amonbuy) July 3, 2025 “Ripple’s commitment to transparency and compliance make them ideal collaborators as we continue our mission to expand institutional-grade digital asset services,” Harrison added. DISCOVER: Best Meme Coin ICOs to Invest in Today AMINA is Targeting Institutional Clients, Professional Investors  Furthermore, AMINA intends to broaden its RLUSD-related services in the coming months. This reflects growing demand for digital assets in the financial sector. Importantly, Switzerland has long positioned itself as a global leader in crypto innovation, with Zug often being called “Crypto Valley.” AMINA Bank’s CEO commented, “Our goal is to bridge the gap between traditional banking and the emerging world of digital assets, providing our clients with secure, regulated access to innovative financial instruments.”  Hence, the bank pioneering the Ripple stablecoin could prompt other Swiss and international banks to follow the lead.  DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Ripple Files for US Banking License for XRP and RLUSD Ripple is making power moves ➤ $XRP breaks multi-month downtrend ➤ $RLUSD backed by Amina Bank ➤ Ripple applies for U.S. bank charter XRP is becoming part of the U.S. banking system. pic.twitter.com/0AK9cdIb9F — ALexia (@Alex1i9) July 4, 2025 Notably, the company behind XRP has applied for a national banking charter in the US, aiming to bring its RLUSD stablecoin under direct federal oversight. This isn’t just about checking boxes. It’s a strategic attempt to give RLUSD a stronger foundation. It could also open the door to a deeper role in the financial system. If approved, the Ripple banking license would allow the company to hold RLUSD reserves directly with the Federal Reserve. Ripple’s CEO, Brad Garlinghouse, confirmed the application publicly, pointing out that RLUSD already operates under New York’s financial regulators. Getting a national charter through the Office of the Comptroller of the Currency (OCC) would expand that coverage, blending state-level approval with federal credibility. It’s also a signal to investors, regulators, and institutions that Ripple wants RLUSD to be taken seriously. Read more: Ripple Files for US Banking License for XRP and RLUSD Key Takeaways

The long-standing and controversial question of whether Ripple payments could one day replace the Society for Worldwide Interbank Financial Telecommunication (SWIFT) is gaining renewed attention in the crypto market. A prominent XRP analyst has highlighted a significant shift in the Ripple payment infrastructure that could represent a potential turning point in the crypto company’s bid to challenge SWIFT’s decades-long dominance in global cross-border settlements.  XRP Analyst Unveils Ripple’s Latest Moves In his latest X social media thread, crypto market analyst Pumpius explains how Ripple could eventually supersede SWIFT as a cross-border payment infrastructure and settlement layer for banks. The analyst highlights recent developments that continue to fuel Ripple’s growth and position it as a prime candidate for transforming global financial messaging.  According to Pumpius’s report, Ripple has taken a significant step forward in its bid to transform the global financial system, as recent developments show deepening infrastructure integration. The XRP analyst disclosed that Ripple payments have officially integrated with EUR and GBP International Bank Account Numbers (IBANs), marking a critical evolution in its offering. This suggests that Ripple is no longer just processing payments, but enabling institutional-grade banking functionality within its ecosystem. Through partnerships with OpenPayd, Ripple is granting financial institutions access to programmable dollar liquidity. OpenPayd clients can now mint and burn the Ripple on-chain stablecoin, RLUSD, in real-time. The XRP analyst has called this new development a faster and potentially more efficient programmable USD liquidity on demand. He highlights that this capability also unlocks automated FX, compliance solutions, and seamless cross-border fund movement.  Pumpius describes Ripple’s latest developments as a game-changing moment for blockchain-based finance. Rather than acting as a parallel system, the crypto company is now positioning itself as a new banking layer, built entirely outside the legacy infrastructure, but fully equipped to serve its institutional clientele.   How Ripple Could Replace SWIFT’s Legacy Pumpius’s X report suggests that Ripple’s evolution isn’t limited to just speed or low-cost payments. The core technology behind XRP and Ripple’s APIs aims to replace key functions of the SWIFT network, which currently facilitates interbank financial messaging and settlements globally.  The analyst notes that Ripple’s model delivers what SWIFT does not, including real-time foreign exchange, end-to-end automated banking APIs, instant stablecoin-to-fiat conversion, and settlements via XRP. What makes the potential transition from SWIFT to Ripple even more tangible is the live infrastructure now running behind the crypto payment company’s system.  According to Pumpius, liquidity corridors are no longer theoretical for Ripple, but operational. The company’s stablecoin rails are also highly active, while XRP has evolved from its status as a speculative asset into being used for final settlements in real financial flows. Overall, the integration of IBANs and the launch of RLUSD make Ripple a direct competitor to SWIFT. And as the analyst notes, these developments are more than incremental signs of growth—they mark a potential turning point in Ripple’s goal to replace SWIFT.

• RLUSD’s 24-hour volume hit $60M after AMINA Bank support, signaling a strong institutional interest.
• Ripple’s bank charter and Fed access plans align with stablecoin regulation shifts ahead of the GENIUS Act.

XRP crypto bulls are targeting $3. Ripple, the issuer of RLUSD stablecoin, has submitted an application to the OCC for a national banking license. Yesterday, XRP crypto surged, closing above $2.20 and extending gains initiated on June 23. At this pace, XRP ▼-1.84% not only solidified its position as one of the best cryptos to buy, adding a solid 5% in the last day, but also erased losses from the past week, returning to positive territory. DISCOVER: 20+ Next Crypto to Explode in 2025 XRP Crypto Bulls Targeting $3 Based on the XRPUSDT price formation on the daily chart, there is a high probability that the coin will break above its June 2025 highs of around $2.5. If this happens, XRP could race toward $3 in a bullish trend that might set the stage for the coin to flip Ethereum. XRPPriceMarket CapXRP$131.33B24h7d30d1yAll time While technical candlestick formations may influence momentum and provide direction, fundamental developments play a key role in determining the pace of this expansion and whether bulls will breach $3, outperforming some of the best Solana meme coins. $XRP jumped 3.6% after reports that Ripple has applied for a national banking license from the OCC, signaling a push for federally regulated crypto services. Follows Circle’s lead amid growing legislative clarity for stablecoins. Institutions are trusting and adopting! pic.twitter.com/kZyaUdnam4 — Tom Tucker (@WhatzTheTicker) July 2, 2025 Ripple Applies for a National Banking License After Circle rejected the $5 billion offer ahead of its highly anticipated IPO on the NYSE, Ripple, the private company offering multiple payment solutions, submitted an application on July 2 to the United States Comptroller of the Currency (OCC) for a national banking license. The move was unexpected. Ripple aims to disrupt traditional banks by providing payment processors and other firms with a rail to transfer value cheaply, instantly, and globally via the blockchain, specifically the XRP Ledger. Ripple is also aggressively pursuing a parallel application for a Federal Reserve master account through its subsidiary, Standard Custody and Trust Company. These applications position Ripple as a frontrunner in bridging the divide between crypto and traditional finance (TradFi). If the OCC approves the application and issues a license, Ripple could operate as a federally regulated bank in the United States. This would allow Ripple to issue its RLUSD stablecoin for institutions under the OCC’s supervision while complying with regulations set by the strict New York Department of Financial Services (NYDFS). Brad Garlinghouse, the CEO of Ripple, said any approval would establish a “new and unique benchmark of trust in the stablecoin market.” The United States-based payment platform could also hold RLUSD reserves directly with the Federal Reserve, providing what the CEO calls “an additional layer of security to future-proof trust.” True to our long-standing compliance roots, @Ripple is applying for a national bank charter from the OCC. If approved, we would have both state (via NYDFS) and federal oversight, a new (and unique!) benchmark for trust in the stablecoin market. Earlier in the week via… https://t.co/IdiR7x3eWZ — Brad Garlinghouse (@bgarlinghouse) July 2, 2025 DISCOVER: Best Meme Coin ICOs to Invest in 2025 Crypto Firms Rushing for Banking Licenses Ripple’s move is part of a broader trend among crypto firms to secure banking licenses as Congress and the Senate push for clearer industry regulations in a market valued at over $3.4 trillion. This shift is unexpected, given crypto’s anti-establishment roots. Ripple now joins Circle, which applied for a national trust bank charter with the OCC in late June. If approved as a national bank complying with Federal Reserve laws, Circle could act as a reserve custodian and directly offer institutional crypto asset custody. In 2021, Paxos received preliminary approval to operate as a federal bank but continues to navigate the regulatory process to expand its custodial and payment services. Anchorage Digital remains the only crypto firm to secure a national banking license, acquired in 2021. The rush for banking licenses is driven by the need for stability. Following the collapse of Silvergate and Signature Bank, crypto firms reliant on USD infrastructure faced significant challenges. At one point, USDC depegged because Circle couldn’t access cash over a weekend. If leading stablecoin issuers gain direct access to financial infrastructure, their operations would be more robust, avoiding challenges faced in March 2023. This also aligns with Donald Trump’s push to make the United States a hub for crypto operations. DISCOVER: Next 1000x Crypto – 11 Coins That Could 1000x in 2025 XRP Crypto Bulls Target $3, Ripple Applies for National Banking License

• XRP crypto steady, aims for new July 2025 highs 
• XRP bulls targeting $3 in H2 2025 
• Ripple applies with the OCC for a national banking license 
• Brad Garlinghouse, the CEO of Ripple, thinks the approval will significantly boost trust in crypto 

London is the stage for Ripple’s latest stable-asset advance this morning as the enterprise blockchain firm unveiled a strategic partnership with U.K.-based banking-as-a-service provider OpenPayd. The tie-up folds OpenPayd’s real-time payment rails, multicurrency accounts and virtual IBANs directly into Ripple Payments, extending instant EUR and GBP settlement to the product’s near-global payout network, which already covers more than 90 percent of daily FX flows and has processed over $70 billion in volume. Ripple Goes Full Throttle On Stablecoins At the heart of the deal sits Ripple USD (RLUSD), the company’s enterprise-grade, USD-denominated stablecoin: OpenPayd will offer on-platform minting and burning of RLUSD, letting clients move frictionlessly between fiat balances and tokenized dollars via a single API. OpenPayd chief executive Iana Dimitrova framed the move as a bridging exercise between two once-separate financial stacks. “By combining Ripple Payments with OpenPayd’s rail-agnostic and fully interoperable fiat infrastructure, we are delivering a unified platform that bridges traditional finance and blockchain,” she said, adding that the integration will help enterprises “access stablecoin liquidity at scale, and simplify cross-border payments, treasury flows and dollar-based operations.” For Ripple, the announcement deepens a months-long campaign to embed RLUSD across regulated venues and payment corridors. The stablecoin was first integrated into Ripple Payments on 2 April 2025, when the company said the asset was already approaching a $250 million market capitalization and had cleared $10 billion in cumulative trading volume. At the time, senior vice-president of stablecoins Jack McDonald highlighted early usage by remittance providers BKK Forex and iSend to streamline treasury operations and collateral management. Regulatory momentum has since followed. On 3 June, the Dubai Financial Services Authority recognized RLUSD as an approved crypto token for use inside the Dubai International Financial Centre, noting the coin’s 1:1 cash backing and NYDFS trust-company oversight. The DFSA sign-off positioned RLUSD among a small cohort of stablecoins meeting simultaneous New York and Dubai standards, a feature Ripple says is essential for institutional uptake. Liquidity on the XRP Ledger is also gathering pace. Ripple’s mid-June market-infrastructure brief pegged RLUSD spot turnover on the ledger at $500 million for the second quarter, making it the chain’s single largest fiat-backed stablecoin by volume. The same update pointed to growing multichain issuance—RLUSD is native on both XRPL and Ethereum—as evidence of developers’ appetite for on-chain dollars that can settle across disparate ecosystems without leaving enterprise-grade compliance behind. Against that backdrop, today’s OpenPayd integration gives Ripple an immediate fiat on- and off-ramp inside the European Economic Area and the UK—jurisdictions that, collectively, accounted for almost 40 percent of RLUSD treasury flows in the first half of the year, according to company figures. McDonald called the partnership “a decisive step toward real-world adoption of stablecoins at scale,” arguing that institutional users prize “seamless interoperability between traditional infrastructure and digital assets” above all else. The companies did not disclose commercial terms, but both sides hinted at a rapid rollout. OpenPayd said RLUSD minting, redemption and multicurrency treasury services will be available “through a single, unified API” later this quarter, while Ripple signalled further currency corridors are in the pipeline as client demand expands. At press time, XRP traded at $2.17.

A fresh burst of verbal shrapnel from on-chain investigator ZachXBT has reignited the long-running feud between the sleuth and the XRP community, with Ripple again cast as the outlier among major stable-asset ecosystems. The exchange began after WatcherGuru reported on X + that Circle, the issuer of USD Coin (USDC), has applied to become a federally regulated national trust bank in the United States. Within minutes, ZachXBT—whose meticulous wallet-tracking has underpinned investigations into more than $100 million in blockchain thefts—accused Circle of turning a blind eye to sanctioned North Korean activity. “Circle / USDC is the primary infra used by DPRK IT workers to facilitate payments. They currently do NOTHING to detect / freeze the activity while boasting about compliance… I can point out high 8 figs in recent volume,” he wrote, adding that the indifference is symptomatic of “the crime super cycle.” Tether, Circle, Paxos All More Trustworthy Than Ripple? An XRP supporter swiftly attempted to redirect the criticism: “So you’re saying we should be using RLUSD instead, eh?”—a reference to Ripple’s yet-to-launch, asset-backed stablecoin. ZachXBT’s reply was unambiguous: “I trust Circle, Paxos, or Tether infinitely more than Ripple.” Pressed to justify preferring Tether—whose opaque reserves have drawn scrutiny from US and EU regulators—over Ripple, he gave a terse rationale: “They all at least have organic users whereas Ripple does not and theirs comes from misrepresenting paid partnerships to make it appear like adoption.” The XRP advocate denounced that assessment as “lazy,” citing integrations with AeonPay, Alchemy Pay and “millions of merchants,” and argued that paying for partnerships is an industry-wide growth tactic. ZachXBT did not further elaborate, but the latest salvo is consistent with a trail of earlier broadsides. In March 2025 he asserted that a legitimate layer-1 chain can be gauged by the presence of native stablecoins from the “big three” issuers—Circle, Tether and Paxos. “Both ADA and XRP have zero from major stablecoin issuers…” he wrote at the time. In January 2025 he highlighted what he characterized as opaque treasury flows, noting that more than $109 million in XRP had moved from wallet rhREXVHV938ToGkdJQ9NCYEY4x8kSEtjna, activated by Ripple co-founder Chris Larsen, to exchanges including Coinbase, Bitstamp and Bybit in a single month. “Well I guess it’s a good thing no one stalks XRP transfers from wallets tied to the founders/foundation,” he remarked sarcastically. Responding to a February 2024 plea to investigate an alleged XRP scam address, he quipped that the wallet in question could not have “scammed more than the XRP founders constantly dumping 9 figs on bag-holders.” Taken together, the remarks sketch a researcher who, while frequently critical of compliance practices at the stablecoin heavyweights, nevertheless views Ripple as uniquely untrustworthy—chiefly for what he deems manufactured network adoption and persistent insider selling. At press time Ripple Labs, Circle, Paxos and Tether had not publicly responded to the latest remarks. XRP traded at $2.1978.