Squid powers instant cross-chain access for Ripple USD.

Squid powers instant cross-chain access for Ripple USD.
We’re proud to share that Squid is powering payments and interoperability for Ripple USD (RLUSD), enabling instant multichain movement of RLUSD across XRPL, Ethereum, Base, Optimism, and beyond. Squid is now live as the cross-chain swap and transfer layer for RLUSD, so that users and developers can access the stablecoin on the XRP Ledger and instantly move it across supported (and future) chains, with direct swaps from USDC, USDT, and other digital assets to RLUSD – all in a single transaction.
This is an exciting step in our journey with Ripple, as we continue creating accessibility and connections for one of crypto’s oldest legacies – and fastest growing ecosystems.

Ripple USD: Regulated & growing
Since launching in 2024, RLUSD has surpassed $1.8b in market capitalization, generating billions in monthly transfer volume across tens of thousands of holders and hundreds of thousands of monthly transactions. This makes RLUSD one of the fastest-growing regulated USD stablecoins globally.
RLUSD is issued natively on XRPL and Ethereum, and was recently deployed to Ethereum L2s including the XRPL EVM Sidechain, Optimism, Base, Ink, and Unichain via Wormhole's Native Token Transfer (NTT) standard (learn more here).
Squid’s integration enables RLUSD to move seamlessly across every chain it’s deployed on and to be swapped directly from and to USDC, USDT, ETH, XRP, and thousands of other assets supported by Squid, all in a single transaction and without the manual bridging, wrapping, or multi-step routing historically required for cross-chain movement.
Squid as the cross-chain and transfer layer for RLUSD
Instant cross-chain swaps and transfers of RLUSD are powered by Squid’s routing and execution layer. Squid Intents sources the fastest and most capital-efficient routes across on- and offchain liquidity sources, delivering instant execution, near-minimum fees, and enterprise-grade reliability at a real-world scale.
RLUSD is now available to end users through Squid’s frontend app (app.squidrouter.com), and equally accessible to developers via Squid’s API/SDK, and Widget. Developers can integrate Squid for cross-chain capabilities, turning RLUSD into a plug-and-play asset for payments, onboarding, treasury, and settlement across the multichain economy. For more information on integrating Squid, check out our developer docs here.
Squid’s RLUSD integration represents a significant leap forward for the stablecoin’s accessibility and utility. Key use cases now enabled for RLUSD include:

These use cases can already be seen in action within the XRP ecosystem, as key integrators of Squid increase their product accessibility and multi-ecosystem connectivity, and expand beyond XRPL and Ethereum. Key integrators of Squid within the XRP ecosystem include:
As RLUSD establishes itself as the regulated base of onchain finance, Squid's integration ensures it can function at that scale – reachable from any chain, swappable with any asset, and ready to anchor the next generation of multichain wealth, payment, and treasury products.
Looking Forward
We look forward to continuing our efforts expanding accessibility to RLUSD for users, developers, and the broader XRPL ecosystem.
“Ripple has what it takes to build the most regulated, enterprise-ready and widely adopted stablecoin in the world. Squid is proud to support that mission by ensuring RLUSD can move freely and instantly across every chain." - Squid Co-Founder Fig
"As demand for RLUSD grows, it needs to move freely across the ecosystems where activity is happening. Squid handles that routing layer, which opens up a lot for payments, DeFi, and treasury use cases." - Lauren Berta, Stablecoin Product Lead, Ripple
To learn more about Squid and RLUSD, check out Yogita Khatri's recent article in The Block: Squid adds Ripple's RLUSD stablecoin for cross-chain swaps.
About Squid
Squid is the leading cross-chain platform, delivering unlimited access to blockchains and digital assets for both users and builders alike. Since 2023, Squid has processed over $6 billion in volume. Its frontend bridge app has served over 1 million users, and its powerful API, SDK, and Widgets are trusted by more than 1,000 teams worldwide.
About RLUSD
Ripple USD (RLUSD) is Ripple’s USD-denominated stablecoin, designed to maintain a constant value of one US dollar. RLUSD is issued natively on the XRP Ledger and Ethereum blockchains, and is fully backed by a segregated reserve of cash and cash equivalents, redeemable 1:1 for US dollars. RLUSD enables real-time, secure, compliant payments and easy fiat to stablecoin on/off ramps for exchanges, fintechs, crypto onramps, and more.
Please Note
This blog is provided for educational and informational purposes only. This is not investment advice or a recommendation or solicitation for on-chain participation in any mentioned chains, tokens, or assets. Please do your own research before swapping any on-chain assets.
