Ripple’s RLUSD Joins BlackRock and VanEck Tokenized Funds
Ripple’s stablecoin RLUSD is now integrated into tokenized money-market funds from BlackRock and VanEck, enabling investors to redeem fund shares for RLUSD around the clock.
Using a smart contract on Securitize’s platform, shareholders in BlackRock’s BUIDL and VanEck’s VBILL can convert their holdings into RLUSD instantly, providing a 24/7 stablecoin off-ramp for tokenized treasuries.
Jack McDonald, Ripple’s SVP of Stablecoins, called the integration “a natural step bridging traditional finance and crypto.” RLUSD, fully backed by liquid reserves under a New York DFS trust charter, has surpassed $700 million in circulation. The Securitize partnership also positions RLUSD for deployment on the XRP Ledger, combining institutional compliance with DeFi usability.
