RLUSD Stablecoin Expands to 7 Chains via Squid

Squid reported **36 new integrations** in Q2 2026, bringing their total to **1,718 teams** using their cross-chain infrastructure. The platform enables token swaps and transfers across different blockchains through existing DEXs. Teams can integrate via SDK, front-end interface, or smart contracts. Squid's ecosystem now spans: - Wallets and applications - Real-world assets (RWAs) - DeFi protocols - Multiple blockchain networks - Institutional partners The technology allows users to execute cross-chain transactions in a single click, including NFT purchases, DeFi interactions, and gaming activities across different chains.

**Squid secures $6M funding round** led by North Island Ventures with backing from strategic investors, marking a new chapter for the cross-chain routing protocol. The announcement comes on the heels of strong performance metrics: - **Record transaction volume**: 294,000 transactions in May alone, the highest monthly total in Squid's history - **Consecutive growth**: Month-over-month all-time highs in April, May, and June 2026 - **Q2 momentum**: The team released their "State of Squid" report detailing current operations and future plans Squid enables users to swap and send native tokens across different blockchains through a single transaction, eliminating the need for multiple wallet signatures or complex multi-step processes. [View announcement](https://x.com/squidrouter/status/2057894019082973564?s=20)

**Squid has become the official cross-chain partner for Ripple USD (RLUSD)**, enabling instant multichain movement of the stablecoin across 7 chains including Ethereum, Base, Optimism, and XRPL. **Key capabilities:** - Instant cross-chain swaps and transfers of RLUSD powered by Squid Intents - Direct swaps from USDC, USDT, ETH, XRP, or any supported asset to RLUSD - All transactions completed in a single step **Integration details:** - RLUSD accessible via [Squid's app](http://app.squidrouter.com) and API/SDK - Developers can integrate for payments, treasury, and settlement use cases - Day-1 integrations include Strobe Finance, Girin Labs, D'CENT Wallet, and Ondex Money **Use cases enabled:** - Capital onboarding and cross-chain transfers - Cross-currency swaps and DeFi access - Real-world asset integration - Enterprise on/off-ramps RLUSD has surpassed $1.8B market cap with billions in monthly volume. The partnership positions the regulated stablecoin for multichain adoption across payments, wealth management, and treasury products. [Read full announcement](https://www.squidrouter.com/blog/squid-powers-ripple-USD-cross-chain)

**Squid has secured $6M in funding** led by North Island Ventures with support from strategic investors. The cross-chain protocol, which enables seamless token swaps and transfers across different blockchains, describes this as the beginning of their "most exciting chapter." **Key details:** - Funding round led by North Island Ventures - Strategic investors participated - Team promises more announcements ahead Squid's technology allows users to swap and send native tokens between chains through their SDK, front-end interface, or smart contracts. The platform integrates with existing DEXs and leverages Axelar's messaging capabilities for cross-chain transactions. The team has indicated additional news will follow this funding announcement.