The Swiss bank AMINA formed a strategic affiliation with Ripple to use the Ripple Payments infrastructure and settle cross-border payments with stablecoins and fiat currencies quickly and economically.
Considerations:
.- First European bank to use this Ripple infrastructure.
.- Allows AMINA to offer faster and cheaper settlements, without relying on traditional banking.
.- Use of stablecoins including RLUSD (Ripple's stablecoin) to process cross-border flows.
It is noteworthy that the partnership primarily uses Ripple's stablecoin, we will see if it has a good impact on $XRP
#Ripple
Considerations:
.- First European bank to use this Ripple infrastructure.
.- Allows AMINA to offer faster and cheaper settlements, without relying on traditional banking.
.- Use of stablecoins including RLUSD (Ripple's stablecoin) to process cross-border flows.
It is noteworthy that the partnership primarily uses Ripple's stablecoin, we will see if it has a good impact on $XRP
#Ripple
