Ripple RLUSD Goes Live on BlackRock and VanEck Funds

Ripple has partnered strategically with Securitize to introduce Ripple USD (RLUSD) stablecoin to two prominent tokenized investment funds. Investors in BlackRock’s BUIDL and VanEck’s VBILL funds can now instantly redeem their holdings for RLUSD, providing continuous access to their investments.

The integration represents RLUSD’s first deployment on Securitize’s tokenization platform. Fund shareholders can convert their tokenized shares into RLUSD anytime, eliminating traditional redemption waiting periods. BlackRock’s BUIDL fund support is operational, while VanEck’s VBILL integration will launch within days.

Major Asset Managers Embrace Blockchain Technology

BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s Treasury Fund (VBILL) are tokenized short-term treasury products. Both funds rank among the first institutional offerings from major asset managers issued directly on public blockchains.

VBILL currently manages $74 million in assets under management. The fund is expanding to support RLUSD minting and redemption on Ethereum. VanEck plans to extend support to additional networks, including Solana, Avalanche, and BNB Chain.

The partnership strengthens connections between traditional finance and digital assets. Institutions now have another regulated pathway for converting fund shares into stablecoins. This development aligns with Ripple’s broader tokenization strategy outlined in the XRPL DeFi roadmap.

Industry Leaders Praise Institutional Finance Innovation

Jack McDonald, Senior Vice President of Stablecoins at Ripple, described the integration as RLUSD’s natural progression. McDonald emphasized that RLUSD targets large corporations through regulatory compliance and value stability. Collaborations with firms like Securitize will enhance token liquidity and expand enterprise adoption.

Carlos Domingo, Co-Founder and CEO of Securitize, characterized the partnership as groundbreaking for tokenized finance. Domingo highlighted that RLUSD integration enables real-time settlement and programmable liquidity across compliant blockchain investment products. He stated this demonstrates blockchain technology’s full potential for institutional investors.

Matthew Sigel, Head of Digital Assets Research at VanEck, confirmed the fund’s expansion plans across multiple blockchain networks.

We Are Expanding VBILL (AUM=$74M) to Support RLUSD Mint/Redeem (on ETH to start).

Current networks include ETH, SOL, AVAX, BNB. Stay tuned for further expansion 👀. https://t.co/F8WWdaq5ZH pic.twitter.com/4Llu1Up1oZ

— matthew sigel, recovering CFA (@matthew_sigel) September 23, 2025

RLUSD maintains full backing by U.S. dollar liquid assets with regular independent audits. The stablecoin operates under a New York Department of Financial Services Trust Company charter, ensuring comprehensive regulatory oversight.

Since launching in late 2024, RLUSD has achieved significant market penetration. Stablecoin has surpassed $700 million in market capitalization and has been integrated into numerous decentralized finance platforms. Ripple has incorporated RLUSD into cross-border payment solutions and established partnerships with DBS and Franklin Templeton for trading and lending services.

The Securitize integration provides institutional investors with expanded RLUSD applications in tokenized fund markets. Ripple continues pursuing RLUSD expansion within tokenized assets and XRP Ledger ecosystem development. The company believes regulated stablecoin integration with major funds will accelerate blockchain adoption among global financial institutions.