Ripple's RLUSD Stablecoin Powers New Liquidity Options for BlackRock and VanEck Tokenized Funds
Ripple's RLUSD stablecoin has been integrated into tokenized money-market funds managed by financial giants BlackRock and VanEck. This strategic move, facilitated by the Securitize platform, provides investors with a direct, on-demand redemption path for their tokenized fund shares into RLUSD, establishing a 24/7 stablecoin off-ramp for tokenized treasuries and expanding RLUSD's institutional reach.
Key Takeaways
- Ripple's RLUSD stablecoin is now an off-ramp option for BlackRock's BUIDL and VanEck's VBILL tokenized funds.
- The integration allows investors to swap fund shares for RLUSD instantly via a new smart contract on Securitize's platform.
- This partnership aims to enhance liquidity for tokenized real-world assets and bridge traditional finance with cryptocurrency.
Bridging Traditional Finance and Crypto
The integration allows holders of BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) and VanEck's Treasury Fund (VBILL) to exchange their tokenized shares for RLUSD at any time. This creates a seamless on-chain transfer capability and positions RLUSD as a settlement layer for real-world assets (RWAs). Jack McDonald, Ripple's SVP of Stablecoins, stated that this collaboration is a "natural next step" in connecting traditional finance and crypto, emphasizing RLUSD's regulatory compliance and enterprise-grade nature.
RLUSD's Growing Footprint
Launched by Ripple in early 2025, RLUSD is backed 1:1 by liquid reserves and operates under a New York DFS trust charter. With over $700 million in circulation, RLUSD has been promoted for cross-border payments and DeFi applications. Its recent anchoring to institutional RWA platforms, like those managed by BlackRock and VanEck via Securitize, significantly broadens its institutional adoption. The partnership also paves the way for RLUSD's deployment on the XRP Ledger, supporting both regulatory compliance and DeFi utility.
Securitize's Role in Tokenization
Securitize, a prominent tokenization platform, has seen its tokenized RWAs accumulate approximately $4 billion. BlackRock's BUIDL fund, launched in March 2024, quickly surpassed $1 billion in assets under management, demonstrating the growing demand for tokenized investments. VanEck's VBILL fund, introduced in May 2025, offers exposure to tokenized U.S. Treasury-backed assets across multiple blockchains. The integration of RLUSD as an off-ramp for these funds marks a significant advancement in automating liquidity for tokenized assets, as highlighted by Securitize CEO Carlos Domingo.