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Ripple Deepens Partnership with AMINA Bank to Expand Digital Asset Payments

Quick Breakdown 

  • Ripple and AMINA Bank expand digital asset payments, enabling RLUSD and stablecoin transactions in compliance with regulations.
  • Partnership gives AMINA Bank access to a network covering 90% of daily FX markets, supporting $95B in daily cross-border volume.
  • Ripple Markets APAC gains expanded MAS approval, strengthening institutional crypto services and global payment offerings.

 

Ripple has strengthened its collaboration with AMINA Bank, enhancing the bank’s ability to deliver digital asset payment solutions to clients. The partnership bridges traditional fiat currencies with blockchain technology, enabling seamless transactions using Ripple USD (RLUSD) and other stablecoins. Leveraging Ripple’s licensed payments infrastructure, AMINA Bank clients can execute rapid, secure payouts across multiple currencies while maintaining full regulatory compliance.

AMINA Bank embodies the forward-thinking approach needed to advance wider adoption of digital assets,” said Cassie Craddock, Managing Director for UK & Europe at Ripple. “We’re proud to support them in delivering the most secure, resilient, and compliant digital asset technology available today.”

AMINA bank: leading stablecoin adoption

The renewed partnership builds on AMINA Bank’s earlier milestone as the first bank globally to support RLUSD, offering custody and trading services for the stablecoin. This positioned the institution at the forefront of digital asset adoption among traditional financial players.

By integrating Ripple Payments, AMINA Bank now has access to a payment network covering over 90% of the daily foreign exchange market and handling more than $95 billion in daily transaction volume. Ripple’s licensed infrastructure is already operational in Australia, Brazil, Dubai, Mexico, Singapore, Switzerland, and the United States, expanding AMINA Bank’s ability to provide fast, reliable cross-border payments.

Global reach and blockchain integration 

The partnership underscores the increasing role of digital assets in mainstream finance, bridging the gap between fiat and blockchain-based transactions. By leveraging Ripple’s infrastructure, AMINA Bank can offer clients a faster, more efficient, and fully compliant solution for international payments, signalling a broader shift toward blockchain-enabled banking.

In a related development, Ripple Labs received expanded approval from the Monetary Authority of Singapore (MAS) under its Major Payment Institution (MPI) license. This authorization allows Ripple Markets APAC, the firm’s Singapore arm, to expand its payment services and deepen its institutional offerings across the region, further solidifying Ripple’s global footprint.

 

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