Squid Completes D'CENT Wallet Integration for XRP and RLUSD Cross-Chain Access

XRP-1.57%
RLUSD0.02%

Global cross-chain infrastructure company Squid completed technical integration with digital asset cold wallet D'CENT and launched services on the 23rd. The collaboration enables XRP and RLUSD holders to directly connect with various blockchain ecosystems while maintaining cold wallet security. Squid provides cross-chain infrastructure connecting over 100 blockchain networks and more than 130 decentralized exchanges.

Squid Joins D'CENT XRP Alliance as Second Partner

Squid joined as the second partner in D'CENT's XRP Alliance initiative, according to the 23rd announcement. Through this participation, D'CENT users can directly swap XRP and RLUSD to other blockchain assets within the wallet interface and connect with external DeFi and DApp services.

Integration Enables Cross-Chain Swaps Within Cold Wallet

The integration allows D'CENT users to execute cross-chain swaps directly within the app while maintaining the cold wallet's security environment. Users can exchange assets across various mainnets without utilizing separate external services.

Squid Raised $6M With Ripple Participation

Squid recently secured $6 million (approximately 9 billion KRW) in funding with participation from institutional investors including Ripple. The company collaborated with Ripple on RLUSD stablecoin interoperability and payment infrastructure development. Through this collaboration, RLUSD is expanding as a multi-chain asset that can move and trade freely across multiple blockchains.

AI Assistant Vaulty Provides Real-Time Transaction Security

D'CENT's AI-based security assistant Vaulty explains on-chain signatures and approval processes in real-time during transactions. The feature helps users understand transaction details more easily and reduces risks of incorrect transactions or contract approval scams.

Joint Campaign Launches on 23rd With XRP Rewards

The two companies will conduct a joint campaign for global users starting on the 23rd for approximately two weeks to commemorate the technical integration. Users can experience Squid's cross-chain functionality and AI services within the D'CENT app and receive XRP rewards based on participation results.

FAQ

What did Squid announce on the 23rd? Squid announced the completion of technical integration with D'CENT cold wallet on the 23rd, enabling XRP and RLUSD holders to access cross-chain swaps and DeFi services directly within the wallet while maintaining cold wallet security.

How much funding did Squid raise with Ripple? Squid raised $6 million (approximately 9 billion KRW) in funding with participation from institutional investors including Ripple. The company collaborated with Ripple on RLUSD stablecoin interoperability and payment infrastructure.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments