Swiss AMINA Bank becomes the first European bank to launch Ripple payments

According to Jinse Finance, citing CCN, AMINA, a crypto bank regulated by Switzerland's FINMA, has become the first European bank to officially launch Ripple's cross-border settlement solution for payments. This integration connects blockchain settlements with traditional banking systems, allowing customers to efficiently transfer funds across borders within a regulated framework. AMINA's Chief Product Officer, Myles Harrison, stated that traditional correspondent banking networks cannot simultaneously support both fiat and stablecoin rails, while Ripple technology significantly enhances banking capabilities, reduces cross-border friction, and helps crypto-native clients maintain a competitive edge.