Ripple’s RLUSD Stablecoin Now an Off-Ramp for BlackRock and VanEck Tokenized Funds

A new liquidity path for tokenized funds

Ripple’s enterprise-focused stablecoin RLUSD has been integrated into Securitize’s tokenization platform, providing institutional investors with a new redemption mechanism for tokenized money-market funds. The integration supports direct, 24/7 conversions of tokenized fund shares from BlackRock’s BUIDL and VanEck’s VBILL into RLUSD.

How do you unlock real-time liquidity for institutional assets? With $RLUSD. https://t.co/2TvkEmSKTk

Our new partnership with @Securitize will allow holders of @BlackRock‘s $BUIDL and @VanEck_US‘s $VBILL to instantly exchange their shares for $RLUSD, thereby preserving exposure…

— Ripple (@Ripple) September 23, 2025

The smart contract-driven system enables instant, on-chain redemptions and operates continuously. This gives qualified investors a new level of flexibility in accessing liquidity from their tokenized Treasury-backed investments, without waiting for traditional market hours.

RLUSD expands its institutional role

Launched in late 2024 on the XRP Ledger and Ethereum networks, RLUSD is backed 1:1 by cash and short-term U.S. Treasuries and issued under a New York DFS trust charter. It has already surpassed $700 million in circulation and is designed specifically for enterprise and institutional use cases.

Jack McDonald, Ripple’s SVP of Stablecoins, described the move as a bridge between traditional finance and crypto. The integration boosts RLUSD’s role as a compliant settlement asset for tokenized real-world assets (RWAs). Securitize, which manages around $4 billion in tokenized assets, has previously supported USDC in similar use cases. The addition of RLUSD signals rising demand for stable, regulated instruments in the growing RWA sector.