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06/17 13:46看漲

Ripple’s RLUSD Gets Cross-Chain Boost Across XRPL,

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Ripple’s RLUSD Gets Cross-Chain Boost Across XRPL, Ethereum, L2s With Squid Integration Squid has enabled instant cross-chain access for Ripple's RLUSD. Users can easily swap the stablecoin across the XRPL, Ethereum, Base, and Optimism. The platform is already integrated into several protocols on the XRP Ledger. Cross-chain platform Squid has enabled instant cross-chain swaps for Ripple’s RLUSD, boosting the stablecoin’s access across several networks, including the XRP Ledger (XRPL) and Ethereum. This follows the stablecoin’s recent launch on Ethereum layer-2 networks through Ripple’s partnership with Wormhole. In a blog post, Squid announced that it will power payments and interoperability for the stablecoin, enabling instant multichain movement across the XRP Ledger, Ethereum, Base, Optimism, and other networks. With this, the platform becomes the cross-chain swap and transfer layer for the stablecoin, with direct swaps from USDC, USDT, and other crypto assets to RLUSD. By enabling instant cross-chain swaps, users will no longer need to manually bridge, wrap, or perform multi-step routing to use the Ripple stablecoin across multiple networks. This represents a major step in enabling cross-chain interoperability for the stablecoin, which is natively issued on the top layer-1 network Ethereum and the XRP Ledger. It is worth noting that this move comes just weeks after the RLUSD stablecoin went live on Ethereum layer-2 networks, including Base and Optimism through Wormhole’s Native Token Transfers. Despite the move, the stablecoin’s market cap has recently dropped from around $1.7 billion to $1.6 billion.

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