Search results for Wormhole
Crypto
Ripple RLUSD links with cross-chain infrastructure Squid, giving access to 20,000 tokens
Cross-chain infrastructure platform Squid has integrated Ripple\'s stablecoin RLUSD, enabling users to swap assets across blockchains in a single transaction. Squid said its routing layer connects RLUSD to more than 100 blockchains and more than 20,000 tokens, allowing direct swaps from assets such as USDC, USDT, ETH and XRP without separate bridging, token wrapping or multi-step trades. RLUSD is issued on XRP Ledger and Ethereum and expands to Ethereum layer2 networks.
Crypto
Ripple burns $55.9 million of RLUSD in 7 days, expands business amid slower issuance
Ripple’s dollar-pegged stablecoin RLUSD has shown a net-burn trend, with $55.9 million burned over the past seven days against $8.8 million issued, U.Today reported. On-chain activity has slowed from early June levels, but Ripple is expanding RLUSD’s use through cooperation with Wormhole, payment network linkups including Mastercard’s plan, new partnerships in Turkey, and research support with Istanbul Technical University.
Crypto
XRPL tokenised assets expand; former Ripple CTO says RWA, stablecoins are growth pillars
Former Ripple Chief Technology Officer David Schwartz said the role of the XRP Ledger (XRPL) is expanding from a payment-focused blockchain into tokenised financial infrastructure. He said XRPL now supports stablecoins, tokenised real-world assets and other issued assets. XRP community figure BankXRP cited rising indicators such as RWA market value and daily transactions, and said RippleUSD is operating on more than 40 blockchains. Data from rwa.xyz also showed increases in asset values, holders and tokenised assets.
