Switzerland’s AMINA Bank First in Europe to Launch Ripple Payments

Ripple announced on Friday it has entered a new partnership with Switzerland-based AMINA Bank, making the FINMA-regulated institution the first European bank to deploy Ripple Payments for near real-time cross-border transactions.

The agreement allows AMINA Bank’s clients to use Ripple’s licensed end-to-end payments infrastructure, positioning the bank as an early adopter of blockchain-enabled payments within Europe’s traditional financial sector.

Ripple said AMINA Bank will integrate its payments technology to strengthen settlement capabilities and improve the experience for clients navigating both blockchain and fiat systems.

The move builds on an existing relationship between the two companies, following AMINA Bank’s decision earlier this year to support Ripple USD (RLUSD) through custody and trading services.

Reducing Friction Between Blockchain and Traditional Rails

AMINA Bank said the integration of Ripple Payments will also help address operational challenges faced by crypto-native companies working with legacy banking systems. Blockchain transactions often move faster than traditional correspondent banking networks, creating gaps in settlement and increasing the administrative burden on firms that operate across both environments.

By using Ripple’s infrastructure, AMINA Bank said it aims to streamline these processes. The bank’s clients will be able to settle transfers quickly at a lower cost. Ripple said the technology provides the reliability required by institutions operating across multiple currencies and digital asset types.

“Native web3 businesses often run into friction when working with legacy banking systems,” said Myles Harrison, Chief Product Officer at AMINA Bank. “Traditional correspondent networks weren’t designed to support cross-border stablecoin transactions. With Ripple’s support, we can reduce that friction and help our clients maintain their competitive edge,” adds Harrison.

Strengthening Capabilities for Crypto and Traditional Clients

Ripple said the partnership will allow AMINA Bank to act as a bridge between blockchain innovators and conventional banking infrastructure.

Cassie Craddock, Managing Director for the UK and Europe at Ripple, said the partnership will expand the bank’s ability to offer seamless cross-border payment solutions.

“We are providing a crucial bridge between fiat and blockchain rails to AMINA Bank’s clients,” she said. “This includes access to payments using RLUSD and other stablecoins, as well as rapid payouts in multiple currencies,” adds Craddock.

Expanding Global Adoption of Ripple Payments

The partnership is another step in Ripple’s expansion of its institutional payments network. Ripple Payments currently processes more than $95 billion in volume and offers coverage across jurisdictions representing more than 90% of global FX markets.

Ripple Payments are available in Australia, Brazil, Dubai, Mexico, Singapore, Switzerland and the United States. As Ripple deepens its footprint in regulated financial markets, the collaboration with AMINA Bank highlights growing interest among banks in integrating digital asset infrastructure.