Swiss-regulated AMINA Bank AG has integrated Paxos' USDG stablecoin into its institutional platform, offering custody, trading, and up to 4% annual rewards on USDG balances. The bank, supervised by FINMA, announced this expansion on December 2, 2025, as part of its entry into the Global Dollar Network (GDN), a consortium dedicated to promoting the global use of digital dollars.
This move enhances AMINA's existing stablecoin offerings, which include USDT, USDC, EURC, and RLUSD, and connects it to a network of regulated entities such as Robinhood, Kraken, OKX, Galaxy, Anchorage, and Bullish. Myles Harrison, Chief Product Officer at AMINA Bank, stated that the initiative reinforces compliant access to digital dollars and underscores the bank's focus on regulated yield products within a secure banking framework.
USDG is issued by Paxos Digital Singapore, a Major Payments Institution regulated by the Monetary Authority of Singapore, with reserves backed one-to-one by U.S. government bonds. Nick Robnett, Head of Crypto Business Development at Paxos, welcomed AMINA's participation, emphasizing that it strengthens institutional trust in regulated stablecoin services and boosts the GDN's reach across Europe, the Middle East, and Asia.
AMINA Bank, founded in 2018 and based in Zug, has built a strong regulatory footprint, securing licenses in Switzerland (2019), Abu Dhabi (2022), Hong Kong (2023, upgraded in October 2025), and the EU (CASP license from Austria in October 2025 under MiCA). The bank has been recognized in global rankings like the CVVC Global Report and CB Insights, and won the Institutional Digital Asset Innovation of the Year award at the Hedgeweek Global Digital Assets Awards 2025.