🦑 Squid Partners with Ripple to Power Cross-Chain RLUSD Movement
🦑 Squid Partners with Ripple to Power Cross-Chain RLUSD Movement
🦑 RLUSD goes multichain

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 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.
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
(1) Did you hear? Squid is the new cross-chain partner for Ripple USD, which is now native on 7 chains including ETH, Base, Optimism, and the XRPL. Move and swap RLUSD into any token on any chain supported by Squid ✨ x.com/squidrouter/st…
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 🧵
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…
Squid Reaches 1,718 Integrations with 36 New Teams in Q2
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Squid Raises $6M Led by North Island Ventures
**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)
RLUSD Stablecoin Expands to 7 Chains via Squid

Ripple's RLUSD stablecoin is now available for native swaps across 7 blockchain networks, powered by Squid's cross-chain infrastructure. **Key Details:** - RLUSD is Ripple's USD-backed stablecoin designed for real-time, compliant payments - The stablecoin has reached $1.8 billion market cap with billions in monthly trading volume - Multi-chain expansion enables users to swap RLUSD natively across 7 different blockchains - Squid's technology allows seamless cross-chain swaps without multiple transactions or wallets The expansion makes RLUSD more accessible across the crypto ecosystem, allowing users on different chains to easily acquire and use the stablecoin for payments, DeFi applications, and fiat on/off ramps.
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.