Squid Hooks RLUSD: Ripple's Stablecoin Now Swims Across XRPL, Ethereum, Base, Optimism 🐙

Cross-chain router Squid has activated instant swaps for Ripple's RLUSD stablecoin, enabling transfers across the XRP Ledger, Ethereum, Base, Optimism and additional networks through a single transaction. The integration, announced by Squid in a blog post, positions the platform as the primary cross-chain swap and transfer layer for RLUSD, including direct conversions from USDC, USDT and other crypto assets into the Ripple-issued dollar token.

Under the new setup, users can move RLUSD between supported chains without manually bridging, wrapping, or executing multi-step routing. The stablecoin is natively issued on the XRP Ledger and Ethereum, and the Squid integration extends that reach into Ethereum layer-2 environments.

The expansion arrives weeks after RLUSD began trading on Base and Optimism through Wormhole's Native Token Transfers framework, a partnership Ripple disclosed as part of the stablecoin's broader multichain rollout. Squid's platform is already embedded in several protocols on the XRP Ledger, which the company cited as infrastructure for handling the new RLUSD routing volumes.

RLUSD launched as Ripple's enterprise-focused dollar-pegged stablecoin, with the company positioning it for payments, settlement and on-chain liquidity use cases across both institutional and decentralized finance markets. By adding a dedicated cross-chain swap layer, Ripple gains additional distribution channels for the token without requiring users to exit their preferred network.

The move underscores Ripple's continued effort to build interoperability around RLUSD following its debut on the XRP Ledger and Ethereum mainnet. With Base and Optimism now reachable through Squid's router, the stablecoin's footprint extends across major Ethereum Virtual Machine-compatible environments, giving wallets, payment applications and decentralized exchanges a unified entry point to the asset.