- Squid enables RLUSD transfers across XRPL, Ethereum, and additional networks.
- Developers gain new tools for payments, treasury, and settlement.
- Ripple expands RLUSD utility as multichain stablecoin adoption accelerates.
Cross-chain protocol Squid has integrated Ripple USD (RLUSD), allowing users to move and swap the stablecoin across multiple blockchain networks through a single transaction. The integration expands RLUSD’s accessibility across the XRP Ledger, Ethereum, Base, Optimism, and other supported chains. Users can now transfer RLUSD between networks or swap into the stablecoin from assets such as USDC, USDT, ETH, and XRP without relying on separate bridges or multiple transactions.
According to details shared by Squid, the protocol now serves as the cross-chain transfer and swap layer for RLUSD. The development aims to simplify access to Ripple’s stablecoin as demand for regulated digital dollars continues to grow across the crypto industry. RLUSD has become one of the fastest-growing regulated stablecoins since its launch in 2024. The stablecoin has surpassed $1.8 billion in market capitalization and processes billions of dollars in monthly transfer volume. It is issued natively on both the XRP Ledger and Ethereum.
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Integration Expands RLUSD Utility Across Multiple Ecosystems
The latest integration allows RLUSD holders to move funds across supported networks through a single transaction. Besides reducing transaction complexity, the system removes the need for manual bridging and asset wrapping. Squid said its routing infrastructure sources liquidity across multiple networks to facilitate transfers and swaps. Consequently, users can access RLUSD from different blockchain ecosystems without navigating several platforms.
The integration also opens additional opportunities for developers. RLUSD is now available through Squid’s API, SDK, and widget products, enabling builders to incorporate cross-chain functionality into payment, treasury, settlement, and onboarding solutions.
Several projects within the XRP Ledger ecosystem have already adopted Squid’s infrastructure. These include lending platform Strobe, payments provider Girin, wallet providers D’CENT and Ondex, token launchpad Risepad, and engagement platform OnchainGM. AhnLab Blockchain Company has also integrated Squid’s technology to support digital asset management across the XRPL and broader multichain ecosystem.
Lauren Berta, Stablecoin Product Lead at Ripple, said increasing demand for RLUSD requires the stablecoin to move efficiently across active blockchain ecosystems. Meanwhile, Squid Co-Founder Fig said the company is supporting Ripple’s efforts to make RLUSD accessible across multiple networks.
The integration strengthens RLUSD’s position within decentralized finance, payments, and treasury operations. Moreover, it provides users and institutions with a simpler way to access the stablecoin across a growing number of blockchain environments.
Growing Multichain Reach for RLUSD
Ripple has steadily expanded RLUSD beyond its original networks in recent months. The stablecoin is now available across several Ethereum Layer-2 ecosystems through Wormhole’s Native Token Transfer infrastructure.
With Squid providing cross-chain routing and swaps, RLUSD gains broader connectivity across the multichain economy. As adoption continues to increase, the stablecoin is becoming more accessible for payments, asset transfers, and on-chain financial applications across different blockchain networks.
The Squid integration gives RLUSD a direct pathway to users and developers operating across multiple chains. As a result, Ripple’s stablecoin can move more efficiently between ecosystems while supporting a wider range of payment, settlement, and decentralized finance use cases.
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