Amina Bank Partners with Paxos, Brings USDG Stablecoin to Clients

TLDR

• Amina Bank has launched custody, trading, and rewards for Paxos’ USDG stablecoin.
• The Swiss institution joins the Global Dollar Network to promote the use of digital dollars globally.
• Amina Bank now allows clients to earn up to 4% annual rewards on USDG balances.
• The bank strengthens its position by offering diversified exposure to USDT, USDC, EURC, and USDG.
• Amina Bank’s USDG reserves are primarily backed by U.S. government bonds.

Amina Bank has launched custody, trading, and rewards for Paxos’ USDG stablecoin. The Swiss institution, supervised by FINMA, is expanding its digital asset services. This move enhances Amina Bank’s position within the regulated digital asset ecosystem, as it joins the Global Dollar Network, a consortium focused on expanding the use of digital dollars globally.

Amina Bank Launches USDG Services

Amina Bank’s decision to offer USDG services connects professional and institutional clients to a broader network of regulated entities. The bank’s entry into the USDG market adds liquidity and interoperability to the digital dollar infrastructure. It now allows clients to earn rewards of up to 4% annually on their USDG balances.

Myles Harrison, Chief Product Officer at Amina Bank, expressed confidence in this new initiative. “This reinforces our role in providing compliant access to digital dollars,” he said. By adding USDG, Amina Bank continues to cater to rising demand for stablecoin integration within traditional financial structures.

Amina Bank already offers custody and trading services for several stablecoins, including USDT, USDC, and EURC. With the addition of USDG, the bank aims to provide diversified exposure to U.S. dollar and euro-backed digital assets. Amina Bank’s USDG reserves are primarily composed of U.S. government bonds, ensuring a high level of institutional risk standards.

Amina Bank’s participation in the Global Dollar Network marks a key milestone in expanding its digital asset services. The network is a consortium designed to promote the global use of digital dollars and includes major players like Robinhood, Kraken, and OKX. Nick Robnett, Head of Crypto Business Development at Paxos, welcomed Amina Bank’s entry into the network.

“This partnership further strengthens institutional trust in regulated stablecoin services,” Robnett stated. He emphasized that Amina’s involvement helps expand the reach of the Global Dollar Network across Europe, the Middle East, and Asia. This collaboration enhances the availability of compliant infrastructure for global financial institutions.

Paxos Digital Singapore, the issuer of USDG, is regulated by the Monetary Authority of Singapore as a Major Payments Institution. This ensures that USDG complies with regulatory standards, aligning with Amina Bank’s commitment to institutional-grade compliance. Amina Bank’s regulatory approach reinforces its goal of offering secure and transparent digital asset services.

Swiss Banking License Marks Regulatory Milestone

Amina Bank has built a strong record of regulatory expansion since its founding in 2018. The institution secured a Swiss Banking and Securities Dealer License in 2019, positioning itself as a leader in crypto banking. Amina Bank further extended its reach in 2022 by obtaining Financial Services Permission from the Abu Dhabi Global Markets FSRA.

In Hong Kong, Amina Bank received Type 1, 4, and 9 licenses from the Securities and Futures Commission in 2023. The licenses were later upgraded in October 2025 to include digital asset dealing for professional investors. This regulatory growth underpins Amina Bank’s ability to expand its digital asset services across multiple jurisdictions.

Amina Bank’s consistent focus on compliance has earned it recognition in global rankings. The bank was listed among the top 50 blockchain companies by both CVVC Global Report and CB Insights. In 2023, Amina Bank won the European WealthBriefing Award for Digital Assets Solution – Fund Manager, solidifying its position in the regulated crypto space.

In October 2025, Amina Bank was named Institutional Digital Asset Innovation of the Year at the Hedgeweek Global Digital Assets Awards. This reflects the bank’s leadership in integrating regulated stablecoins like USDG into its offerings.

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