🇨🇭 Urgent: AMINA Swiss Bank is the first bank to support the stablecoin Ripple (RLUSD)! 🏦
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📢 What's new?
– AMINA Bank, a regulated Swiss bank, has become the first bank globally to support the stablecoin Ripple (RLUSD).
– The bank will provide custody and trading services for RLUSD to institutional clients.
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💡 Why is this important?
– It indicates the increasing adoption of stablecoins in the traditional financial system.
– It enhances the legitimacy and trust in RLUSD as a digital asset backed by the US dollar.
– It provides a safe and regulated channel for institutions to access stablecoins.
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📈 Expectations:
– This move may encourage other banks to offer similar support for stablecoins.
– It could accelerate institutional adoption of stablecoins and blockchain in banking services.
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❓ Do you think that bank support for stablecoins will increase their use in payments and cross-border financing?
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