Swiss crypto bank AMINA Bank AG has announced a major expansion of its stablecoin services, adding custody, trading, and rewards support for USDG, the U.S. dollar-backed stablecoin issued by Paxos.
The bank also confirmed it has joined the Global Dollar Network (GDN), a coalition of regulated financial institutions working to accelerate digital dollar adoption worldwide.
About AMINA Bank and USDG
AMINA Bank is regulated by the Swiss Financial Market Supervisory Authority (FINMA) and offers institutional-focused crypto banking services globally.
USDG, developed by Paxos Digital Singapore, is backed one-to-one by reserves primarily consisting of U.S. government bonds. Paxos Digital Singapore is licensed as a Major Payments Institution by the Monetary Authority of Singapore, while Paxos overall is regarded as a leading regulated global blockchain infrastructure provider with long experience in stablecoin issuance.
Global Dollar Network Membership
By becoming a member of the Global Dollar Network, AMINA Bank connects professional and institutional clients to a growing ecosystem of regulated digital-asset platforms.
Existing GDN participants include well-known crypto businesses such as Robinhood, Kraken, OKX, Galaxy, Anchorage, and Bullish. The partnership is intended to enhance liquidity, streamline stablecoin transfers, and support interoperability across digital dollar infrastructure.
AMINA Bank's Stablecoin Offering and Rewards
“USDG custody, trading, and rewards represent the latest expansion of our regulated stablecoin offering,” said Myles Harrison, Chief Product Officer of AMINA Bank. He added that AMINA clients can earn up to 4% annual rewards on USDG holdings through its stablecoin rewards programme.
“Joining the Global Dollar Network connects AMINA to the financial institutions building the rails for stablecoin adoption at scale,” Harrison said.
The integration comes at a time of growing institutional demand for regulated stablecoins within traditional banking structures. AMINA Bank already supports several major stablecoins, including USDT, USDC, EURC, and RLUSD, offering diversified digital currency exposure across dollar and euro assets.
Industry Reaction
Nick Robnett, Head of Crypto Business Development at Paxos, welcomed the move, saying AMINA’s participation “demonstrates the growing institutional demand for trusted stablecoin services.”