TL;DR
- Swiss-regulated AMINA Bank adds custody and trading for Paxos’ USDG stablecoin.
- Clients can earn up to 4% annual rewards on their USDG balances at the bank.
- The bank holds multiple global licenses from Switzerland, Hong Kong, and Abu Dhabi.
AMINA Bank AG announced the launch of custody, trading, and rewards for Paxos’ USDG stablecoin, expanding its regulated suite of digital asset services. The Swiss institution, supervised by FINMA, also confirmed its entry into the Global Dollar Network, a consortium dedicated to promoting the global use of digital dollars.
AMINA Bank’s introduction of USDG services connects professional and institutional clients to a broader network of regulated entities. The move enhances interoperability and liquidity across digital dollar infrastructures that already include Robinhood, Kraken, OKX, Galaxy, Anchorage, and Bullish.
Myles Harrison, Chief Product Officer at AMINA Bank, stated that the initiative reinforces the institution’s role in providing compliant access to digital dollars. He added that clients can now earn up to 4% annual rewards on USDG balances, underlining the bank’s focus on regulated yield products within a secure banking framework.
The decision aligns with the bank’s strategy to meet rising demand for stablecoin integration within traditional financial structures. AMINA already offers custody and trading for USDT, USDC, EURC, and RLUSD, granting investors diversified exposure to both U.S. dollar and euro-backed digital assets. USDG’s reserves—composed primarily of U.S. government bonds held one-to-one—reflect AMINA’s stringent institutional risk standards.
Paxos Partnership and Global Network Growth
Nick Robnett, Head of Crypto Business Development at Paxos, welcomed AMINA’s participation, noting that the Global Dollar Network continues to expand its reach across Europe, the Middle East, and Asia. Robnett emphasized that the collaboration reinforces institutional trust in regulated stablecoin services and enhances the availability of compliant infrastructure for global financial institutions.
Paxos Digital Singapore, the issuer of USDG, operates under the supervision of the Monetary Authority of Singapore as a Major Payments Institution. The entity’s oversight structure and operational transparency support the regulatory integrity of USDG, aligning with AMINA’s approach to institutional-grade compliance.
Global Regulatory Footprint
Founded in 2018 and based in Zug, AMINA Bank has built a strong record of regulatory expansion. In 2019, it secured a Swiss Banking and Securities Dealer License, cementing its position as a leading crypto bank.
The firm extended its reach to the Middle East in 2022, obtaining Financial Services Permission from the Abu Dhabi Global Markets FSRA. This license enables advisory and custody services for professional clients.
In Hong Kong, AMINA received Type 1, 4, and 9 licenses from the Securities and Futures Commission in 2023, later upgraded in October 2025 to include digital asset dealing for professional investors. That same month, AMINA EU acquired a CASP license from Austria’s Financial Market Authority, authorizing crypto custody, exchange, and portfolio management services under the Markets in Crypto-Assets (MiCA) framework.
These regulatory milestones position AMINA to expand regulated digital asset operations across multiple jurisdictions.
Recognition and Institutional Outlook
AMINA’s consistent regulatory compliance and stablecoin product development have earned it recognition in global rankings. Both the CVVC Global Report and CB Insights listed AMINA among the Top 50 blockchain companies worldwide. In 2023, it won the European WealthBriefing Award in the Digital Assets Solution – Fund Manager category.
Most recently, AMINA was named Institutional Digital Asset Innovation of the Year at the Hedgeweek Global Digital Assets Awards 2025, underscoring its leadership in regulated stablecoin integration.
