AMINA Bank adds Paxos’s USDG stablecoin and joins the Global Dollar Network to grow digital dollar use.
AMINA Bank AG, a FINMA-regulated Swiss crypto bank, has integrated USDG, a US dollar-backed stablecoin issued by Paxos Digital Singapore, into its custody, trading, and rewards services for professional and institutional clients. The bank has also joined the Global Dollar Network (GDN), an industry consortium advancing digital dollar adoption.
USDG is backed one-to-one by reserves primarily composed of U.S. government bonds, with Paxos Digital Singapore supervised as a Major Payment Institution by the Monetary Authority of Singapore.
By joining GDN, AMINA Bank connects its client base to a broader ecosystem of regulated financial institutions offering digital dollar services. Existing network members include platforms such as Robinhood, Kraken, and OKX.
“USDG custody, trading, and rewards represent the latest expansion of our regulated stablecoin offering, continuing our leadership in bringing institutional-grade digital dollar access to professional investors,” said Myles Harrison, Chief Product Officer of AMINA Bank.
AMINA already supports multiple stablecoins, including USDT, USDC, EURC, and RLUSD. The bank positions USDG’s reserve structure and regulatory oversight as aligned with its institutional risk management requirements.
“We’re building infrastructure that enables financial institutions to offer clients secure, compliant access to digital dollars, and AMINA’s integration demonstrates the growing institutional demand for trusted stablecoin services,” said Nick Robnett, Head of Crypto Business Development at Paxos.
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