AMINA Bank Global First European Bank To Go Live With Ripple Payments

AMINA Bank, a FINMA-regulated crypto bank based in Switzerland, has become the first European bank to successfully integrate and launch Ripple Payments, Ripple's cross-border settlement solution. This integration connects blockchain-based settlement directly with the bank's existing traditional banking rails, addressing the friction crypto-native businesses face when moving funds involving both fiat currency and stablecoins. According to AMINA's Chief Product Officer, Myles Harrison, this capability allows clients to operate across multiple rails simultaneously, significantly reducing cross-border friction. This partnership contributes to RippleNet's expansion, which now boasts over 300 institutional partners globally, driven partly by regulatory clarity and new products like the RLUSD stablecoin.

(Source：CCN)