Amina Bank Integrates Paxos’ USDG Stablecoin, Offering 4% Annual Rewards
Amina Bank, the Swiss financial institution regulated by FINMA, has expanded its digital asset services by introducing custody, trading, and rewards for Paxos’ USDG stablecoin. This MOVE integrates the bank into the Global Dollar Network, a consortium aimed at promoting digital dollar adoption worldwide.
Clients can now earn up to 4% annual rewards on USDG balances, which are primarily backed by U.S. government bonds. The addition of USDG complements Amina Bank’s existing offerings, including USDT, USDC, and EURC, diversifying exposure to stablecoins.
Myles Harrison, Chief Product Officer at Amina Bank, emphasized the bank’s commitment to compliant digital dollar access. The integration enhances liquidity and interoperability within the regulated digital asset ecosystem, catering to growing institutional demand.