Ripple has secured its first European bank adoption for its payments solution, with AMINA Bank announcing the integration of Ripple Payments as part of a major operational expansion.
The integration is designed to provide Switzerland-based AMINA Bank’s institutional and corporate clients with a streamlined process for cross-border transactions, bridging the gap between digital assets and traditional financial networks.
Myles Harrison, Chief Product Officer at AMINA Bank, noted that the adoption directly addresses current industry friction: “Native web3 businesses often run into friction when working with legacy banking systems. This is particularly the case for cross-border stablecoin transactions which traditional banks are yet to widely adopt.”
By using Ripple’s payments infrastructure, the bank will now offer near real-time settlements, enabling clients to move funds and settle transactions more efficiently without relying solely on traditional correspondent banking networks.
Harrison added that the capability increase is significant: “With Ripple’s support, we are now able to significantly increase our capability, reducing cross-border friction and helping our crypto-native clients maintain their competitive edge.” The system supports both fiat and stablecoin rails simultaneously.
For Ripple, the deal marks a major expansion of its licensed payments technology in regulated European markets.
Cassie Craddock, Managing Director for UK & Europe at Ripple, framed the role of the technology: “Through our licensed payments technology we are providing a crucial bridge between fiat and blockchain rails to AMINA Bank’s clients.”
She added that the partnership establishes AMINA Bank as a vital gateway for the wider digital asset ecosystem.
“Our partnership with AMINA Bank enables them to serve as the on-ramp for digital asset innovators into traditional financial infrastructure.” This includes giving clients “access to seamless payments using Ripple USD (RLUSD) and other stablecoins, as well as the ability to make rapid payouts in multiple currencies.”
The integration deepens the operational relationship between the two firms, following AMINA Bank’s earlier move to become the first bank globally to offer custody and trading services for clients holding Ripple’s stablecoin, RLUSD.
