Squid Powers RLUSD Cross-Chain Movement Across Multiple Blockchains
Squid Powers RLUSD Cross-Chain Movement Across Multiple Blockchains
🌐 RLUSD Goes Everywhere
Ripple's RLUSD stablecoin is now accessible across multiple blockchains through Squid's integration. The regulated USD-backed stablecoin, which has surpassed $1.8bn market cap and billions in monthly volume, can now move instantly between XRPL, Ethereum, Base, Optimism, and other chains.
Key capabilities enabled:
- Instant cross-chain swaps and transfers
- Direct swaps from USDC, USDT, ETH, XRP to RLUSD
- Single-transaction execution via Squid Intents
- Access through Squid's app and developer tools
Day-one integrations include:
- Strobe Finance (XRPL money market)
- Girin Labs (real payments with Visa)
- D'CENT Wallets (multichain swaps)
- Ondex (self-custodial wallet)
- Risepad (token launchpad)
Squid Intents powers the routing through on- and off-chain liquidity sources, offering tighter quotes, fewer failures, and automatic refunds within 15 minutes if transactions fail. The integration supports capital onboarding, cross-chain payments, DeFi access, and enterprise on/off-ramps.
6) Key use cases now enabled for RLUSD include: - Capital onboarding - Cross-chain transfers and payments - Cross-currency swaps - Real-world asset and DeFi access - Automated and agentic payments - Enterprise on/off-ramps - Neobanking and fintech integrations RLUSD Everywhere.
1) RLUSD is Ripple's fully backed USD-denominated stablecoin. It enables real-time, secure, compliant payments and easy fiat to stablecoin on/off ramps for exchanges, fintechs, crypto onramps, and more. Since launch RLUSD has generated billions in monthly volume across tens of
7) These use cases can already be seen in action within the XRP ecosystem, with the following teams integrating Squid on day 1: @StrobeFinance: XRPL's first money market for lending, borrowing, and earning XRP, USDC, and other native assets. @Girin_Labs: Powering real payments
RLUSD Everywhere. Powered by Squid. Squid is now powering instant cross-chain access for @Ripple USD. You can now swap and move RLUSD across the XRPL, Ethereum, Base, Optimism, and beyond ✨ Read more 🧵
1) Squid started in 2022 to solve a problem: fragmentation. Our cross-chain solutions have grown and innovated over time. In 2026, we announced Squid Intents, an intent-based primitive for cross-chain swaps.
4) Instant cross-chain swaps and transfers of RLUSD are powered by Squid Intents. Squid Intents is our routing and execution layer, sourcing the fastest and most capital-efficient routes across on- and offchain liquidity sources. Instant execution, near-minimum fees, and
Have you heard about Squid Intents? It is our intent-based settlement protocol for moving assets between ecosystems 💫 Built to scale across any chain and any token, including non-EVM chains such as Bitcoin, XRPL, and Solana. Catch a refresher in 🧵
9) We look forward to continuing our efforts expanding accessibility to RLUSD for users, developers, and the broader XRPL ecosystem. To learn more about Squid and RLUSD, read all about it in our blog below: squidrouter.com/blog/squid-pow…
6) Who is it for? Anyone and everyone! Squid Intents is live today. And the benefits above aren't just for individual users. They matter for institutions, DAOs, and treasuries too. Cross-chain execution becomes compatible with real approval workflows, not just users who can
3) RLUSD is issued natively on XRPL and Ethereum. It was recently deployed to Ethereum L2s including the XRPL EVM Sidechain, Optimism, Base, Ink, and Unichain via @wormhole's Native Token Transfer (NTT) standard. Squid's integration now enables RLUSD to move seamlessly across
8) As RLUSD establishes itself as the regulated base of onchain finance, Squid's integration ensures it can go where it needs to go to function at that scale. RLUSD is reachable from any chain, swappable with any asset, and ready to anchor the next generation of multichain
5) RLUSD is now available to end users through Squid's frontend app: app.squidrouter.com It is equally accessible to developers via Squid's API/SDK, and Widget: docs.squidrouter.com Developers can integrate Squid for cross-chain capabilities, turning RLUSD into a
Have you heard about Squid Intents? It is our intent-based settlement protocol for moving assets between ecosystems 💫 Built to scale across any chain and any token, including non-EVM chains such as Bitcoin, XRPL, and Solana. Catch a refresher in 🧵
5) What are the benefits? Instead of locking users into quotes that expire before a tx can complete, Squid Intents runs the auction after the user’s deposit is already semi-finalized. This means: - tighter quotes - fewer failures - no race against an expiry window If a
2) Squid is powering payments and interoperability, enabling ✨instant✨ multichain movement of RLUSD. From the XRP Ledger across all supported (and future) chains, with direct swaps from USDC, USDT, ETH, XRP, or any other supported digital assets to RLUSD. All in a single
8) Squid Intents has changed what cross-chain performance looks like. All the user does is express their intent, and Squid does the rest. Keeping the complex logic offchain means better security, reliability, and price 🫧 Learn more 👇 x.com/squidrouter/st…
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RLUSD Stablecoin Expands to 7 Chains via Squid Integration
Ripple's RLUSD stablecoin is now available for native swaps across 7 blockchain networks through Squid's cross-chain infrastructure. **Key Details:** - RLUSD is a fully-backed USD stablecoin designed for real-time, compliant payments - Currently processes billions in monthly volume with over $1.8B market cap - Multi-chain expansion powered by Squid's cross-chain swap technology - Enables seamless fiat-to-stablecoin on/off ramps for exchanges and fintechs **What This Means:** The integration allows users to swap into native RLUSD across multiple chains without complex bridging processes. Squid's infrastructure leverages existing DEXs and Axelar's message passing to enable one-click transactions between different blockchain networks. This expansion makes RLUSD more accessible across the crypto ecosystem, supporting its position as one of the fastest-growing USD stablecoins globally.
Squid Raises $6M Led by North Island Ventures to Advance Cross-Chain Infrastructure
**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.
Squid Secures Strategic Funding to Expand Cross-Chain Infrastructure
**Squid has announced strategic funding** to support its continued growth as a cross-chain routing solution. **Key highlights:** - The funding will enable expansion to new chains and development of additional features - Squid's growth reflects the increasing complexity of navigating the multi-chain crypto ecosystem - The platform focuses on user experience, allowing seamless token swaps and transfers across different blockchains - Team hints at new products in development beyond current routing capabilities Squid's cross-chain infrastructure enables users to interact with applications across different chains without multiple transactions or wallets. The strategic investment positions the protocol to scale alongside the broader crypto ecosystem's expansion. [Read the full announcement](https://www.squidrouter.com/blog/squid-strategic-funding)
Squid Secures Strategic Funding from North Island VC, Ripple, and Industry Leaders
**Cross-chain infrastructure protocol Squid has closed a strategic funding round** led by North Island VC, with participation from notable investors including: - **Major VCs**: Ripple, Dialectic Group, Borderless Capital, and Scenius Capital - **Strategic angels**: Representatives from Axelar, Ledger, Polymer Labs, Enso, and Peanut The funding builds on Squid's previous backing from prominent investors like a16z, Coinbase Ventures, Variant, Pantera, and Brevan Howard. **What Squid does**: The protocol enables seamless token swaps and transfers across different blockchains using existing DEXs. Users can execute cross-chain transactions—from buying NFTs to accessing DeFi protocols—without multiple wallet signatures or complex processes. The strategic nature of this round, featuring both infrastructure providers and application-layer projects, signals growing institutional interest in cross-chain interoperability solutions.