Binance News
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AMINA Bank Adopts Ripple for Cross-Border Settlements
According to ChainCatcher, Swiss-regulated crypto bank AMINA has become the first European bank to officially implement Ripple's payment solution for cross-border settlements. This integration connects blockchain settlements with traditional banking systems, enabling efficient cross-border transfers within a regulated framework.
AMINA's Chief Product Officer, Myles Harrison, stated that traditional correspondent banking networks cannot simultaneously support fiat and stablecoin channels. Ripple's technology significantly enhances the bank's capabilities, reduces cross-border friction, and helps crypto-native clients maintain a competitive edge.
AMINA's Chief Product Officer, Myles Harrison, stated that traditional correspondent banking networks cannot simultaneously support fiat and stablecoin channels. Ripple's technology significantly enhances the bank's capabilities, reduces cross-border friction, and helps crypto-native clients maintain a competitive edge.
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