Ripple CEO Brad Garlinghouse Drops Bombshell Announcement with BlackRock

Brad Garlinghouse took it to X earlier today to announce that Ripple had partnered with Securitize, a leading provider of digital asset infrastructure, to launch a smart contract that will also benefit holders of BlackRock’s BUILD and VanEck’s ￰0￱ precisely, such holders will be able to exchange their shares to Ripple for the company’s stablecoin ￰1￱ to the announcement, this new smart contract will add “an additional stablecoin off-ramp for BUILD and VBILL tokenized short-term treasury funds.” Jack McDonald, SVP of Stablecoins at Ripple, commented: “Making RLUSD available as an exchange option for tokenized funds is a natural next step as we continue to bridge traditional finance and ￰2￱ is for institutional use, offering regulatory clarity, stability, and real ￰3￱ adoption grows, partnerships with trusted platforms like Securitize are key to unlocking new liquidity and enterprise-grade use cases.” BUILD and VBILL operate in a similar manner as they are tokenized short-term treasury products issued on public ￰4￱ integration will allow investors to gain a 24/7 stablecoin ￰5￱ holders can swap their shares for RLUSD instantly, while maintaining exposure to on-chain yields and DeFi ￰6￱ integration is designed to increase liquidity, flexibility, and interoperability for tokenized ￰7￱ has already launched RLUSD support, while VBILL is expected to follow suit in the following days.

“Partnering with Ripple to integrate RLUSD into our tokenization infrastructure is a major step forward in automating liquidity for tokenized assets. Together, we’re delivering real-time settlement and programmable liquidity across a new class of compliant, on-chain investment products—bringing the full potential of blockchain to institutional finance,” noted Carlos Domingo, Co-Founder and CEO of Securitize.