Ripple partners with crypto bank AMINA Bank to provide cross-border settlement services

ChainCatcher Message, Ripple announces a partnership with Swiss crypto bank AMINA Bank, which becomes the first European bank to adopt Ripple end-to-end payment solutions. By integrating Ripple Payments, AMINA Bank can offer customers 24/7, minute-level cross-border fund settlements without relying on traditional correspondent banking systems. This partnership aims to address the inefficiencies faced by crypto-native enterprises in cross-border payments, especially in stablecoin settlements. Ripple Payments supports parallel processing of fiat and stablecoins, building a bridge between Web3 and traditional finance. AMINA Bank stated that introducing Ripple technology will significantly reduce cross-border friction and enhance its ability to serve crypto-native clients. Earlier this year, AMINA became the world’s first bank to support Ripple stablecoin RLUSD custody and trading.