AMINA Bank Waives Custody Fees for USDC Holders, Offering Quarterly Rewards and Asset Protection to Boost Stablecoin Adoption

Crypto-friendly AMINA Bank (formerly SEBA Bank) has removed custody fees for its USD Coin (USDC) Stablecoin Rewards Account clients in an effort to attract

Swiss crypto-friendly bank AMINA Bank has announced that it will be waiving custody fees for its USD Coin (USDC) Stablecoin Rewards Account clients in a bid to boost stablecoin adoption.

According to a press release shared with crypto.news on Jan. 10, the new offer applies to both hot and cold wallet storage without extra costs. The bank also plans to add EURC, Circle’s euro-backed stablecoin, to the program soon.

Clients holding USDC will receive quarterly rewards directly from the bank, the press release reads.

AMINA Bank’s chief product officer Myles Harrison said that the offering serves as a “great addition to the products that help our clients thrive in the world of crypto.”

“As one of the first regulated banks to offer fee-free custody of USDC with rewards on holdings across both hot and cold wallets, AMINA Bank is solidifying its commitment to advancing the growth and adoption of stablecoins,” Harrison added.

2025 to be a big year for stablecoins with a shift from trading to real-world applications

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

In a Jan. 1 post on X, Dragonfly Capital’s managing partner Haseeb Qureshi shared several predictions for 2025, including a promising future for stablecoins. He suggested that regulatory clarity could pave the way for the U.S. to introduce bank-issued stablecoins by year-end.

However, the Dragonfly Capital managing partner anticipates no major disruptions for established issuers like Tether, which he believes will retain their dominance “especially with [Howard] Lutnick as Secretary of Commerce.”