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Swiss AMINA Bank Becomes First European Bank to Launch Ripple Payment Integration

Summary: According to reports from CCN, Swiss crypto bank AMINA, regulated by FINMA, has become the first European bank to officially launch Ripple payment cross-border settlement solutions. This integration connects blockchain settlement 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 ...

According to reports from CCN, Swiss crypto bank AMINA, regulated by FINMA, has become the first European bank to officially launch Ripple payment cross-border settlement solutions. This integration connects blockchain settlement 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 fiat and stablecoin rails, while Ripple technology significantly enhances bank capabilities, reduces cross-border friction, and helps crypto-native clients maintain a competitive edge.

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