According to online reports, Swiss crypto-friendly financial bank AMINA Bank announced its support for Ripple's newly launched U.S. dollar stablecoin RLUSD, becoming the first global bank to provide custody and trading services for this currency. It is reported that the service will be the first to target institutional customers and professional investors, and plans to expand further in the coming months. RLUSD is backed by U.S. Treasury bonds and regulated by the New York Department of Financial Services, and is currently issued at $430 million. AMINA Bank said its goal is to connect traditional banks with crypto financial infrastructure and already has regulated business hubs in Switzerland, Hong Kong and Abu Dhabi.