Squid powers instant cross-chain access for Ripple USD.

Squid powers payments & interoperability for Ripple USD (RLUSD), enabling instant multichain movement of RLUSD across XRPL, Ethereum, Base, Optimism, & beyond.

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June 16, 2026

Squid powers instant cross-chain access for Ripple USD.

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.

RLUSD on 7 chains graphic visual

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:

Capital onboarding: Acquire RLUSD on the XRP Ledger and instantly transfer or swap it anywhere - making RLUSD an onramp for bringing new capital onto the network and giving businesses seamless access to every chain
Cross-chain transfers and payments: Move RLUSD instantly between XRPL, Ethereum, Base, Optimism, and beyond
Cross-currency swaps: Convert USDC, USDT, and other digital assets, like ETH and XRP, directly into RLUSD in one transaction
Real-world asset and DeFi access: Utilize RLUSD across yield-generating protocols and real-world asset platforms
Automated and agentic payments: Enable programmable, real-time settlement across chains
Enterprise on/off-ramps: Power stablecoin inflows and outflows at institutional scale, with easy fiat to stablecoin conversion for exchanges, fintechs, and onramp providers
Neobanking and fintech integrations: Embed regulated multichain dollar infrastructure directly into financial products
Cross-chain RLUSD use cases graphic visual

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:

Strobe: XRPL’s first money market for lending, borrowing, and earning XRP, USDC, and other native assets. Squid’s integration enables movement of capital between XRPL and the XRPL EVM.
Girin: Powering real payments on XRPL so that users can spend XRP & RLUSD anywhere Visa is accepted. Squid is integrated for seamless bridging.
D’CENT: Hold, send, and connect to the entire XRP ecosystem in one trusted wallet. Squid’s integration powers multichain swaps.
Ondex: Self-custodial XRP wallet for payments, swaps, names, social profiles, and on-chain identity. Squid’s integration enables liquidity onboarding to Ondex from any chain or token within the app.
Risepad: An upcoming token launchpad on XRPL where users can onboard liquidity from any chain to buy newly launched tokens launching on Risepad. Squid is integrated to enable liquidity routing from any chain and token to Risepad.
OnchainGM: The leading multichain platform revolutionizing interactions through innovative daily engagement protocols. When participants need more liquidity on-chain to GM, the cross-chain swaps are powered by Squid.
AhnLab Blockchain Company (ABC): A digital asset infrastructure and compliance provider built on AhnLab’s security expertise. By integrating Squid into ABC WaaS, ABC connects to the global cross-chain environment, enabling users to safely manage digital assets across the multi-chain and XRPL ecosystem.

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.