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Ripple Partners with Crypto Bank AMINA Bank to Provide Cross-Border Settlement Services

2 hours ago

**Dec 17 (Quick Update) — Ripple has announced a partnership with Swiss crypto bank AMINA Bank, making it the first European institution to adopt Ripple’s end-to-end payment solution.** By integrating Ripple Payments, AMINA can offer customers 24/7, real-time cross-border fund settlement without relying on the traditional correspondent banking system. The collaboration aims to address inefficiencies in the traditional banking system that crypto-native businesses face with cross-border payments—especially stablecoin settlements. Ripple Payments supports parallel processing of fiat and stablecoins, bridging the gap between Web3 and traditional finance. AMINA stated that adopting Ripple’s technology will significantly reduce cross-border friction and enhance its ability to serve crypto-native clients. Earlier this year, the bank became the world’s first to support custody and trading of Ripple’s stablecoin RLUSD.
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