Swiss regulated crypto bank AMINA Bank AG has gone live with Ripple Payments, becoming the first European bank to use Ripple’s licensed end-to-end payments solution for cross-border transfers.
In a joint announcement from Zug, Switzerland, financial technology company Ripple said it has partnered with AMINA Bank to power near real time cross-border payments for AMINA’s global client base using Ripple Payments.
AMINA, supervised by Swiss regulator FINMA, is now the first European bank to integrate Ripple’s full payments stack, which is already used to process more than 95 billion dollars in volume and covers over 90 percent of daily FX markets, according to Ripple.
The integration is designed to let AMINA route client transactions across both traditional fiat rails and blockchain rails, including Ripple’s RLUSD stablecoin and other supported assets, inside a single licensed infrastructure.
AMINA’s Chief Product Officer Myles Harrison said many web3 native businesses still hit friction when they try to move money through legacy correspondent banking, especially when stablecoins are involved, because most traditional banks do not yet support stablecoin transfers directly.
By plugging into Ripple Payments, AMINA clients can:
Move funds across borders with fewer intermediaries
Combine fiat payouts with stablecoin flows such as RLUSD
Settle faster, at lower cost, with more transparency on fees and status
Ripple’s UK and Europe managing director Cassie Craddock described AMINA as an on-ramp for digital asset innovators into traditional financial infrastructure and said the partnership gives AMINA’s customers access to seamless payouts in multiple currencies, using RLUSD and other stablecoins alongside fiat.
Today’s payments deal builds on an earlier partnership where AMINA became the first bank globally to support custody and trading for Ripple’s dollar-pegged stablecoin RLUSD.
That move put RLUSD inside a fully regulated European banking environment and positioned AMINA as an early infrastructure provider for institutional demand for regulated stablecoins.
With RLUSD already integrated on the banking side, extending into Ripple Payments effectively connects AMINA’s stablecoin services with a global cross-border payments network that is already in use by fintechs and payment firms in regions such as Australia, Brazil, Mexico and Singapore.
AMINA brands itself as a crypto banking pioneer, having secured a Swiss banking and securities dealer license in 2019, followed by approvals in Abu Dhabi, Hong Kong and, more recently, a MiCA-compliant CASP license in Austria for EU services.
Becoming the first European bank to go live with Ripple Payments gives AMINA:
A differentiator for crypto native corporates that need bank-grade payment rails
A way to connect stablecoin and blockchain activity directly with regulated bank infrastructure
A head start as MiCA and other frameworks push European banks to define their digital asset strategies
For Ripple, the AMINA deal is a flagship reference for its banking-focused payments product in Europe, on top of earlier work with RLUSD bank partners and payment providers in other regions.
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