RLUSD Milestone: Squid Integrates Ripple's Stablecoin for Cross-Chain Swaps

Squid, a leading cross-chain protocol, has integrated Ripple's RLUSD stablecoin into its platform, enabling seamless cross-chain swaps. This integration marks another significant milestone for RLUSD, which has recently reached the top 9 largest stablecoins by market capitalization, with over $1.6 billion in circulation. The addition of RLUSD to Squid's platform is expected to increase liquidity and accessibility for users looking to exchange XRP for other assets. According to XRPSync data, the XRP/RLUSD price has seen a 24-hour decline of 3.43%. The integration may have implications for XRP's value in relation to RLUSD, but this remains to be seen.