Ripple, Securitize Bring RLUSD to BlackRock and VanEck Tokenized Funds

Ripple’s RLUSD stablecoin is being integrated into tokenized money-market funds from BlackRock and VanEck giving holders of the products a direct redemption path into on-chain ￰0￱ a new smart contract on Securitize’s platform investors in BlackRock’s BUIDL and VanEck’s VBILL funds can now swap their shares for RLUSD on demand creating what Ripple calls a 24/7 stablecoin off-ramp for tokenized ￰1￱ move positions RLUSD as a settlement layer for real-world assets (RWA) while broadening its institutional ￰2￱ McDonald

Ripple’s SVP of Stablecoins said in a prepared statement thathe tie-up “is a natural next step as we continue to bridge traditional finance and crypto,” framing RLUSD as regulatory-compliant and ￰3￱ — backed 1:1 with liquid reserves and issued under a New York DFS trust charter — has climbed past $700 million in circulation since launching last ￰4￱ has been pushing its use in cross-border payments and DeFi pools while now anchoring it to institutional RWA ￰5￱ Securitize tie-in also sets up RLUSD for deployment on the XRP Ledger giving Ripple a dual push of a regulatory-compliant stablecoin issuance on one side

and DeFi-facing usability on the other.