Ripple’s enterprise-focused stablecoin RLUSD is now enabling 24/7 liquidity for institutional investors in tokenized funds managed by BlackRock and VanEck.
Key Takeaways
- Ripple’s RLUSD stablecoin has been integrated into the Securitize platform to enable instant redemptions from tokenized funds by BlackRock (BUIDL) and VanEck (VBILL).
- The feature allows 24/7 conversion of fund shares into RLUSD, offering investors programmable liquidity and onchain access to DeFi strategies.
- RLUSD, launched in late 2024, has grown to a $740 million market cap and is designed for regulated institutional use.
- The move further connects traditional finance and blockchain, leveraging real-time settlements and regulatory compliance.
What Happened?
Ripple and Securitize have launched a smart contract that allows holders of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s Treasury Fund (VBILL) to redeem their tokenized shares for RLUSD. This integration creates a stablecoin off-ramp for institutional investors, providing continuous onchain liquidity and access to decentralized finance (DeFi) tools without compromising on compliance.
Very excited to share that @BlackRock’s $BUIDL and @VanEck_US’s $VBILL tokenized fund holders can redeem shares for RLUSD/ETH 24/7 365 through @Securitize, and soon to come RLUSD/XRPL.
— Brad Garlinghouse (@bgarlinghouse) September 23, 2025
Enterprise-grade instant onchain liquidity at your fingertips. That’s real utility.…
RLUSD Powers Liquidity for Tokenized Finance
Ripple’s RLUSD stablecoin is now fully operational on the Securitize platform, bringing a new layer of functionality to institutional investors. The smart contract enables BUIDL and VBILL investors to redeem shares for RLUSD at any time, even outside traditional market hours.
- BUIDL, launched by BlackRock in March 2024, has surpassed $2 billion in assets under management, making it a leader in onchain real-world assets.
- VBILL, introduced by VanEck in May 2025, gives exposure to tokenized US Treasury assets across multiple blockchains including Avalanche, Ethereum, Solana, and BNB Chain.
- RLUSD adds to the redemption options, alongside Circle’s USDC and the US dollar, which were already supported on Securitize.
Ripple CEO Brad Garlinghouse described the move as bringing “enterprise-grade instant onchain liquidity at your fingertips.” He emphasized the practical utility of RLUSD, especially for institutions needing speed and regulatory clarity.
Carlos Domingo, co-founder and CEO of Securitize, called the partnership “a major step forward in automating liquidity for tokenized assets.” He added, “Together, we’re delivering real-time settlement and programmable liquidity across a new class of compliant, on-chain investment products.”
RLUSD Grows as an Institutional Stablecoin
RLUSD was launched by Ripple in December 2024 and is specifically designed for enterprise use. It’s fully backed 1:1 by US dollar reserves, supported by third-party attestations, and includes clearly defined redemption rights. This makes it suitable for regulated financial environments.
- RLUSD’s current market capitalization is over $740 million, and it has already been approved in Dubai for use in tokenized real estate projects.
- Integration with the XRP Ledger (XRPL) is on the horizon, with Ripple recently revealing roadmap updates including compliance tools and smart contract improvements for issuers.
Jack McDonald, Ripple’s Senior VP of Stablecoins, noted:
Expanding Access to Tokenized Assets
Securitize currently hosts around $4 billion in tokenized real-world assets, with BUIDL and VBILL being among the most prominent. Token holders can now tap into crypto liquidity in real time while remaining inside a compliant framework.
Unlike most stablecoins, tokenized shares in BUIDL and VBILL offer a yield, which may attract more institutional investors seeking low-risk income streams without exiting the blockchain ecosystem.
The addition of RLUSD expands not just access to liquidity but also opens the door for programmable finance, cross-border payments, and automated DeFi operations on a compliant foundation.
CoinLaw’s Takeaway
In my experience covering tokenization trends, this is one of the clearest signs yet that crypto and traditional finance are no longer at odds. BlackRock and VanEck using RLUSD is not just symbolic; it’s a serious move toward real-world blockchain utility. I found it especially impressive that redemptions are now possible 24/7, which breaks away from the old banking hours mindset. This could be a blueprint for how other asset managers approach tokenization moving forward. If you’re watching the institutional crypto space, this integration is one to keep your eye on.
