After finalizing the deal with Rail, Ripple has announced that AMINA Bank is now integrating Ripple Payments into its core operations.  The post Ripple Breaks IntoAfter finalizing the deal with Rail, Ripple has announced that AMINA Bank is now integrating Ripple Payments into its core operations.  The post Ripple Breaks Into

Ripple Breaks Into Europe’s Banking Sector With AMINA Team-up

2025/12/12 21:05

AMINA Bank, a regulated Swiss institution known for leaning into crypto long before it was a trend, is now officially going live with Ripple Payments.

It is now the first European bank to plug Ripple’s XRP $2.04 24h volatility: 1.4% Market cap: $123.12 B Vol. 24h: $2.83 B payment stack directly into its core operations.

As per the announcement, the move is practical rather than experimental for AMINA.

Crypto‑native companies have spent years running into walls when trying to use traditional banking rails. Transfers stall, stablecoins hit compliance issues, and settlement delays pile up.

AMINA’s adoption of Ripple Payments made it clear that the old way doesn’t provide the speed and liquidity Web3 companies need.

“With Ripple’s support, we are now able to significantly increase our capability, reducing cross-border friction and helping our crypto-native clients maintain their competitive edge,” said AMINA’s product chief Myles Harrison. 

This partnership builds on an earlier announcement where AMINA became the first bank in the world to support RLUSD, which has already exceeded a $1 billion market cap.

Ripple’s Big XRP Move and New Acquisitions

Meanwhile, Ripple also moved over 75 million XRP, worth more than $150 million, to Binance‑linked addresses on December 11. Another large transfer of 90 million XRP circulated internally among eToro subwallets.

Ripple also confirmed that it had finalized its $200 million purchase of Rail, a stablecoin payment powerhouse responsible for nearly 10% of global B2B stablecoin transfers.

Ripple said the acquisition makes Ripple Payments the most comprehensive end‑to‑end stablecoin solution in the market.

Ripple has acquired many firms in 2025, including Hidden Road, now rebranded as Ripple Prime; GTreasury for $1 billion; and Palisade for wallet‑as‑a‑service offerings.

XRP Coming to Solana

Also, prominent Layer 1 blockchain Solana SOL $139.3 24h volatility: 6.1% Market cap: $78.28 B Vol. 24h: $6.03 B revealed that XRP is coming to its blockchain with the debut of wXRP, a new wrapped asset. Hong Kong-based Hex Trust and LayerZero will manage and issue this new token.

According to Vibhu Norby, the marketing head at Solana Foundation, Solana will have massive liquidity for wXRP from the very first day it goes live.

The token can be used for yields or buying tokenized assets with XRP redeemable for wXRP in a 1:1 ratio anytime a user wants.

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The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
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BitcoinEthereumNews2025/09/17 23:45