BlackRock and VanEck Tokenized Funds Add RLUSD via Ripple and Securitize Partnership
Ripple’s RLUSD Integrated Into BlackRock and VanEck Tokenized Funds
Ripple’s RLUSD stablecoin is expanding its institutional footprint by joining tokenized money-market funds from BlackRock and VanEck. The integration enables investors to redeem fund shares directly for RLUSD, offering a seamless 24/7 stablecoin exit for tokenized treasuries.
Through a new smart contract on Securitize’s platform, shareholders in BlackRock’s BUIDL and VanEck’s VBILL can swap their shares for RLUSD on demand. Jack McDonald, Ripple’s SVP of Stablecoins, described the move as “a natural step bridging traditional finance and crypto,” highlighting RLUSD’s regulatory compliance and enterprise-grade design.
Backed 1:1 with liquid reserves under a New York DFS trust charter, RLUSD has surpassed $700 million in circulation since its launch. The Securitize integration also sets the stage for RLUSD deployment on the XRP Ledger, merging institutional-grade stablecoin utility with DeFi applications.
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