AMINA Bank Becomes First European Bank to Use Ripple Payments

AMINA Bank Integrates Ripple Payments

AMINA Bank becomes the first European bank to integrate Ripple's XRP payment system.
This integration offers a compliant bridge between traditional fiat and blockchain, addressing issues like stalled transfers and settlement delays for crypto-native companies.
AMINA's product chief highlighted improved cross-border transaction capabilities as a key benefit.
Previously, AMINA was the first bank to support RLUSD, which has surpassed a $1 billion market cap.

Ripple's Strategic Moves

Ripple transferred over 75 million XRP, valued at more than $150 million, to Binance-linked addresses.
Another transfer of 90 million XRP was circulated among eToro subwallets.
Ripple acquired Rail for $200 million, enhancing its stablecoin solutions with nearly 10% of global B2B stablecoin transfers.
The acquisition positions Ripple Payments as a comprehensive end-to-end stablecoin solution provider.

XRP on Solana Blockchain

Solana will introduce wXRP, a new wrapped asset managed by Hong Kong-based Hex Trust and LayerZero.
wXRP will offer liquidity and can be used for yield farming or buying tokenized assets, redeemable in a 1:1 ratio with XRP.