Swiss Bank Embraces RLUSD, Sends XRP Soaring 6% in a Week
In a bold move signalling mainstream adoption of digital assets, Swiss financial institution AMINA Bank has become the first international bank to offer custody and trading services for Ripple’s RLUSD stablecoin. The announcement triggered a positive reaction in the market, with XRP climbing over 6% in the past seven days.
RLUSD, Ripple’s enterprise-grade stablecoin, is pegged to the US dollar and designed for cross-border payments and on-chain financial services. AMINA’s support for RLUSD is seen as a major step towards increasing the use of stablecoins in traditional finance — a move analysts say could pave the way for broader adoption of Ripple’s ecosystem.
In addition to the RLUSD rollout, Ripple has filed an application to become a licensed bank in the United States, a development that has only fuelled further optimism among XRP investors.
There’s also growing speculation that an XRP exchange-traded fund (ETF) could be approved by regulators this year — a catalyst many believe would significantly boost long-term demand and price stability for the token.
Despite these bullish signals, XRP’s upward momentum remains modest. The broader cryptocurrency market has faced headwinds, particularly following recent comments by former U.S. President Donald Trump, who indicated plans to increase trade tariffs if re-elected — a move that rattled investor confidence globally.
Over the past 12 months, however, XRP has delivered an impressive return of more than 400%, outperforming most of the top 100 crypto assets and solidifying its position as a key player in the digital finance space.
With recent regulatory clarity emerging across key jurisdictions, including the United States and Europe, many analysts believe XRP could be well-positioned for another breakout — provided it can overcome critical technical levels.
What's Next for XRP?
From a short-term technical perspective, XRP is now approaching a crucial resistance level at US$2.38. According to market analysts, a clean breakout above this level would likely signal a fresh bullish trend.
If the price can bounce back from the support level at US$2.22, traders may witness a swift rally back toward US$2.38 — a classic swing trade setup. However, a failure to hold this support could see a pullback in the short term.
As institutions continue to explore the integration of digital assets and stablecoins, Ripple’s ecosystem — with XRP at its core — could see renewed investor interest, especially as ETF discussions and banking licence applications progress.
For now, all eyes remain on XRP’s technical levels and whether investor momentum can overcome market uncertainty in the coming weeks.
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