Switzerland-based Amina Bank announced on X on August 29 that it had expanded its partnership with Circle through the Circle Alliance Programme, reinforcing its position in the stablecoin market.
Regulated by the Swiss Financial Market Supervisory Authority (FINMA), the bank highlighted the scale of its involvement, stating:
“Over the years, Amina has transacted billions in USDC and EURC through our FINMA-regulated banking system.”
As reported by Bitcoin.com, Circle acknowledged Amina’s participation in the Alliance Programme, noting the bank’s role in bridging traditional and digital finance.
Circle wrote:
“Circle Alliance Program member Amina Bank is helping bridge traditional and digital finance with crypto banking. By supporting access to USDC and EURC, Amina helps individuals and institutions to transact with confidence across a global infrastructure.”
Amina underscored its aim to strengthen trust in stablecoin use, saying:
“As Circle continues to lead the way in stablecoin utility, Amina enables individuals and institutions to transact with confidence across a global infrastructure. We’re proud to stand alongside Circle in this journey.”
The partnership reflects a shared vision of embedding stablecoins within a regulated, institution-ready framework.
Amina has sought to distinguish itself through Swiss oversight and segregated custody, offering a degree of security compared to higher-risk or opaque custodial models common in the digital asset sector.
Alongside the Circle partnership, Amina introduced a stablecoin rewards programme to complement its custody services.
Clients holding at least 10,000 USDC or 10,000 EURC will be eligible for quarterly interest payments, distributed in the fiat currency backing the respective stablecoin.
The minimum non-compounding rate is set at 0.2% annually, though US persons and residents of the European Economic Area are excluded.
The bank has also expanded its digital asset offerings through a partnership with Ripple, becoming the first global bank to launch custody and trading for Ripple USD (RLUSD), further advancing its strategy of providing institutional-grade access to regulated stablecoins.
Featured image credit: Edited by Fintech News Switzerland, based on image by Circle via X
