Squid integrates Ripple's RLUSD stablecoin and supports cross chain transactions

According to The Block, the cross chain infrastructure platform Squid integrates Ripple's RLUSD stablecoin, allowing users to exchange between different blockchains and digital assets through a single transaction. Squid connects RLUSD to over 100 blockchains and over 20000 tokens through a routing layer, allowing users to directly exchange assets such as USDC, USDT, ETH, XRP, etc. for RLUSD. This integration supports cross chain payments, access to decentralized finance and tokenized real-world asset platforms, automated and proxy payments, as well as recharge and withdrawal channels for enterprise stablecoins.