Swiss AMINA Bank Integrates Ripple Payments for Cross-Border Transactions

Swiss-based AMINA Bank announced a partnership with blockchain payments firm Ripple on Friday, becoming the first European bank to integrate Ripple Payments for near-real-time cross-border transactions. The collaboration enables AMINA's clients to streamline payments using stablecoins and fiat currencies, bridging traditional financial systems with blockchain technology.

The integration allows AMINA Bank to process transactions more efficiently, reducing reliance on legacy correspondent banking networks. Clients can now settle transfers faster, at lower costs, and with greater transparency, particularly for operations involving digital assets. This builds on an earlier relationship where AMINA adopted Ripple's RLUSD stablecoin in July for custody and trading services. Ripple's licensed end-to-end payments infrastructure, which handles more than $95 billion in daily volume across over 90 percent of global foreign exchange markets, supports these capabilities in regulated corridors including Australia, Brazil, Dubai, Mexico, Singapore, Switzerland, and the United States.

AMINA Bank, a FINMA-regulated institution founded in Zug in 2018 and licensed as a pioneer in crypto banking...