Ripple has expanded its European footprint after striking a new partnership between Ripple Payments and Swiss crypto bank Amina. The collaboration gives Amina access to Ripple’s fiat to stablecoin payment infrastructure, enabling faster and more efficient transactions while reducing reliance on traditional banking systems.

Ripple Deepens Ties With Swiss Bank Amina

Ripple announced on Friday that Amina will now be able to settle transactions through its payment network. The integration aims to deliver lower costs, increased transparency and improved reliability.
The two firms already worked together earlier this year when Amina adopted Ripple’s USD stablecoin, RLUSD, in July. The latest partnership further cements Ripple’s role within European financial services.
Amina operates under the regulation of the Swiss Financial Market Supervisory Authority. Its Austrian branch also secured a licence under the European Union’s Markets in Crypto Assets framework in October.

Stablecoins Address Challenges in Cross Border Payments

Amina’s chief product officer Myles Harrison highlighted that many native web3 companies face friction when interacting with legacy banks. Stablecoin technology is viewed as a solution to these issues especially for cross border transfers which traditional institutions have been slow to support.

Harrison said that Amina’s clients need infrastructure capable of handling fiat and stablecoin transactions together. Ripple’s system helps meet this requirement by offering the ability to process both within one network. This reduces delays and helps crypto focused companies stay competitive.

Ripple Payments Acts as a Bridge for Digital Asset Firms

Cassie Craddock, Ripple’s managing director for the United Kingdom together with Europe, said Amina now serves as an entry point for digital asset innovators seeking to connect with traditional finance.
Craddock added that Ripple Payments provides a bridge between blockchain based systems together with fiat networks. This allows institutions to offer smooth stablecoin payments without depending on outdated banking infrastructure.

Ripple Pushes Further Into Traditional Finance

The partnership forms part of Ripple’s broader effort to integrate blockchain services with mainstream financial institutions. Reports from mid November revealed that Ripple is investing around four billion dollars to bring together prime trading, treasury services, payments and custody solutions in an attempt to rival traditional finance providers.
Ripple continues to expand globally. Earlier in December, it received approval from Singapore’s central bank to grow its payment operations. The licence allows Ripple Labs to offer regulated token services as well as end to end payment solutions across the Asia Pacific region.
In late November, RLUSD was also approved for institutional use in Abu Dhabi after it was recognised as an Accepted Fiat Referenced Token by the local regulator.