Squid integrates Ripple’s RLUSD across 100 blockchains and 20,000 tokens

Squid has added support for Ripple’s RLUSD stablecoin, giving users a way to move into and out of RLUSD across more than 100 blockchains and over 20,000 supported tokens in a single transaction. The cross-chain infrastructure platform said the integration removes the need for manual bridging, token wrapping, or multiple separate transfers when swapping assets such as USDC, USDT, ETH, and XRP into RLUSD. Ripple issues RLUSD natively on the XRP Ledger and Ethereum, while Wormhole’s Native Token Transfer standard extends the token to more networks including the XRPL EVM Sidechain, Optimism, Base, Ink, and Unichain. Squid said its routing layer sits above those transfer rails, allowing RLUSD swaps regardless of how the stablecoin is issued on a given chain. Squid co-founder Fig said the system uses intent-based routing (users specify an outcome, solvers execute it) and pooled destination-chain liquidity rather than manual bridging. Fig said that structure allows transactions to settle within seconds while staying compatible with multiple cross-chain messaging and token issuance standards. The company said RLUSD is available both through Squid’s frontend and through developer tools for business use cases including payments, treasury management, onboarding, and settlement. Squid also said the integration opens additional uses for RLUSD in cross-chain payments, DeFi (blockchain-based financial services), tokenized real-world asset platforms, automated and agentic payments, and enterprise stablecoin on- and off-ramps. Projects in the XRP ecosystem already using or integrating the service include Strobe, Girin, D'CENT, Ondex, Risepad, OnchainGM, and AhnLab Blockchain Company. Lauren Berta, stablecoin product lead at Ripple, said growing demand for RLUSD requires the token to move freely across active ecosystems, and said Squid provides the routing layer for payments, DeFi and treasury use cases. Launched in December 2024, RLUSD has a market capitalization of about $1.6 billion, according to The Block’s RLUSD price page. Ripple is also a backer of Squid, which was originally incubated in the Axelar ecosystem before becoming an independent company. Last month, Squid raised $6 million from investors including Ripple, North Island Ventures, Borderless, and Axelar co-founder and former director Georgios Vlachos, bringing total funding to $13.5 million.