Squid Integrates Ripple's RLUSD for Cross-Chain Swaps Across 100+ Blockchains

RLUSD0.02%
USDC0.03%
ETH-1.61%
XRP-4.29%
According to The Block, Squid, a cross-chain infrastructure platform, has integrated Ripple's RLUSD stablecoin to enable users to swap into and out of RLUSD across over 100 blockchains and more than 20,000 supported tokens in a single transaction. Users can now swap assets such as USDC, USDT, ETH, and XRP directly into RLUSD without manually bridging or wrapping tokens. The integration leverages Squid's intent-based routing system where market makers fulfill orders using pooled liquidity on destination chains, allowing swaps to settle within seconds. RLUSD, launched in December 2024, currently has a market capitalization of approximately $1.6 billion and is available to end users through Squid's frontend and to developers through its tools.
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