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Ripple, Securitize Bring RLUSD to BlackRock and VanEck Tokenized Funds

A new smart contract on Securitize's platform enables investors to swap shares for RLUSD, creating a 24/7 stablecoin off-ramp for tokenized treasuries.

Updated Sep 24, 2025, 8:12 a.m. Published Sep 24, 2025, 8:09 a.m.
U.S. dollar (Unsplash, modified by CoinDesk)

What to know:

  • Ripple's RLUSD stablecoin is now integrated into BlackRock and VanEck's tokenized money-market funds, allowing direct redemption into on-chain liquidity.
  • A new smart contract on Securitize's platform enables investors to swap shares for RLUSD, creating a 24/7 stablecoin off-ramp for tokenized treasuries.
  • RLUSD is positioned as a settlement layer for real-world assets and is backed 1:1 with liquid reserves under a New York DFS trust charter.

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 liquidity.

Through 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 treasuries.

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The move positions RLUSD as a settlement layer for real-world assets (RWA) while broadening its institutional footprint.

Jack 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 enterprise-grade.

RLUSD — 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 year. Ripple has been pushing its use in cross-border payments and DeFi pools, while now anchoring it to institutional RWA platforms.

The 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.