Ripple Brings RLUSD to BlackRock and VanEck Tokenized Funds
Ripple’s RLUSD stablecoin is now integrated into tokenized money-market funds from BlackRock and VanEck, offering investors a direct path to convert shares into on-chain liquidity.
Using a new smart contract on Securitize’s platform, holders of BlackRock’s BUIDL and VanEck’s VBILL funds can swap their shares for RLUSD at any time. Ripple calls this a “24/7 stablecoin off-ramp” for tokenized treasuries, providing seamless liquidity for institutional investors.
Jack McDonald, Ripple’s SVP of Stablecoins, said the partnership represents “a natural step in bridging traditional finance with crypto,” emphasizing RLUSD’s regulatory compliance and enterprise-grade design.
Issued under a New York DFS trust and fully backed 1:1 with liquid reserves, RLUSD has surpassed $700 million in circulation since its launch. The Securitize integration also positions RLUSD for deployment on the XRP Ledger, combining regulatory-compliant stablecoin issuance with decentralized finance utility.