Squid integrates with Ripple's RLUSD stablecoin, supporting cross-chain transactions.

CoinFeed reported on June 17th that, according to The Block, cross-chain infrastructure platform Squid has integrated Ripple's RLUSD stablecoin, allowing users to exchange between different blockchains and digital assets in a single transaction. Squid stated that the integration connects RLUSD to over 100 blockchains and more than 20,000 tokens through its routing layer. Users can directly exchange assets such as USDC, USDT, ETH, and XRP for RLUSD without manual bridging, token wrapping, or completing multiple transactions. Squid indicated that this integration brings several new use cases for RLUSD, including cross-chain payments, access to decentralized finance and tokenized real-world asset platforms, automated and proxy payments, and deposit and withdrawal channels for enterprise stablecoins.