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🎯🇪🇺 RIPPLE PAYMENTS: FIRST EUROPEAN BANK WITH AMINA BANK 🎯🇪🇺
AMINA Bank, a Swiss institution regulated by FINMA with a crypto license since 2019, becomes the first European bank to adopt Ripple Payments, Ripple's end-to-end solution for real-time cross-border payments.
This partnership strengthens existing ties: AMINA was already the first global bank to support RLUSD (Ripple USD), offering custody and trading of stablecoins.
The integration alleviates friction between blockchain and traditional banking systems, enabling seamless transfers in fiat and stablecoins with reduced costs, greater transparency, and speed.
Myles Harrison, Chief Product Officer of AMINA, explains: web3 enterprises need infrastructure that manages both rails, and Ripple removes barriers for efficient cross-border transactions.
Cassie Craddock, Managing Director UK & Europe of Ripple, emphasizes how AMINA serves as an "on-ramp" for digital innovators into traditional finance, with quick payouts in multiple currencies.
In an Europe with MiCA, this milestone accelerates the regulated adoption of blockchain in payments, with Ripple surpassing 300 global banking partners.
#BreakingCryptoNews #Ripple #RLUSD #AMINA #Europe
AMINA Bank, a Swiss institution regulated by FINMA with a crypto license since 2019, becomes the first European bank to adopt Ripple Payments, Ripple's end-to-end solution for real-time cross-border payments.
This partnership strengthens existing ties: AMINA was already the first global bank to support RLUSD (Ripple USD), offering custody and trading of stablecoins.
The integration alleviates friction between blockchain and traditional banking systems, enabling seamless transfers in fiat and stablecoins with reduced costs, greater transparency, and speed.
Myles Harrison, Chief Product Officer of AMINA, explains: web3 enterprises need infrastructure that manages both rails, and Ripple removes barriers for efficient cross-border transactions.
Cassie Craddock, Managing Director UK & Europe of Ripple, emphasizes how AMINA serves as an "on-ramp" for digital innovators into traditional finance, with quick payouts in multiple currencies.
In an Europe with MiCA, this milestone accelerates the regulated adoption of blockchain in payments, with Ripple surpassing 300 global banking partners.
#BreakingCryptoNews #Ripple #RLUSD #AMINA #Europe
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