Swiss bank AMINA waives custody fees for USDC holders, offering quarterly rewards and asset protection to boost stablecoin adoption.

Crypto-friendly Amina Bank (formerly SEPA Bank) has removed custody fees for its USD currency (US dollars) Stablecoin Rewards account customers in an effort to attract more Stable coin Users. The new offer applies to both hot and cold wallet storage at no additional costs, the bank revealed in a press release shared with crypto.news.

The bank also announced plans to add EURC, circleA stablecoin backed by the euro, coming to the program soon. Customers holding USDC will receive quarterly rewards directly from the bank, the press release said.

Miles Harrison, chief product officer at Amina Bank, says the offering provides “a great addition to the products that help our customers thrive in the world of cryptocurrencies.”

“As one of the first regulated banks to offer a zero-fee USDC custodial service with rewards on holdings across both hot and cold wallets, Amina Bank is strengthening its commitment to driving growth and adoption of stablecoins.”

Miles Harrison

Many experts believe that 2025 will be a big year for stablecoins as their use shifts from trading to real-world applications such as instant payments.

In a January 1 post on X, Dragonfly Capital managing partner Haseeb Qureshi subscriber Several predictions for 2025, highlighting a promising future for stablecoins. He noted that regulatory clarity could pave the way for the United States to introduce bank-issued stablecoins by the end of the year.

However, managing partner Dragonfly Capital expects no major disruptions to established issuers like Tether, which he believes will retain its dominance “especially with (Howard) Lutnick as Secretary of Commerce.”