- Ripple and Securitize integrate RLUSD, creating an instant off-ramp for BlackRock’s BUIDL and VanEck’s VBILL tokenized funds, boosting liquidity.
- BlackRock’s pioneering BUIDL fund surpassed $1B in assets, while VanEck’s multi-chain VBILL fund expands tokenized treasury access for qualified investors.
Ripple and the tokenization platform Securitize have integrated the Ripple USD stablecoin. The integration provides an off-ramp for tokenized funds managed by BlackRock and VanEck. A new smart contract permits holders of BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL, and VanEck’s Treasury Fund, called VBILL, to exchange their tokenized shares for RLUSD.
Carlos Domingo, the co-founder and CEO of Securitize, commented on the partnership. He stated that integrating RLUSD into their tokenization infrastructure represents a major step forward in automating liquidity for tokenized assets.
Jack McDonald, Ripple’s senior vice president of stablecoins, explained the development. He said making RLUSD available as an exchange option for these funds is a logical progression in connecting traditional finance with crypto.
“RLUSD is for institutional use, offering regulatory clarity, stability, and real utility. As adoption grows, partnerships with trusted platforms like Securitize are key to unlocking new liquidity and enterprise-grade use cases.”
McDonald added that RLUSD is intended for institutional use, with features including regulatory clarity and stability. He also noted that partnerships with platforms like Securitize are important for creating new liquidity and enterprise-grade use cases as adoption increases.
BlackRock issued the BUIDL fund in March 2024. It was the firm’s first tokenized fund. Qualified investors using Securitize can subscribe to the fund to earn yields in US dollars. The fund’s assets under management exceeded one billion dollars within one year of its launch.
VanEck introduced the VBILL fund in May 2025. This fund provides investor exposure to tokenized assets backed by US Treasuries. It launched on multiple blockchains, including Avalanche, BNB Chain, Ethereum, and Solana. According to the Securitize website, the VBILL fund currently uses Circle’s USDC stablecoin and the US dollar for processing fees and investor returns.
