RLUSD added as off-ramp for BlackRock and VanEck tokenized funds 1

TL;DR Breakdown

Ripple has entered into a partnership with Securitize to integrate RLUSD as an off-ramp for tokenized funds by BlackRock and VanEck.
Securitize sees the integration as a step forward in automating liquidity for tokenized assets.
Ripple sees the integration as a way to bridge between traditional finance and crypto.

Ripple, in a partnership with tokenization platform Securitize, has integrated the RLUSD stablecoin as an off-ramp for tokenized funds by major crypto investment firms BlackRock and VanEck.

Ripple and Securitize announced the launch of a smart contract that allows holders of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s Treasury Fund (VBILL) to exchange their tokenized shares for the Ripple USD stablecoin.

Ripple and Securitize add RLUSD as off-ramp for tokenized funds

According to the announcement, the smart contract will allow investors of BUIDL and VBILL to instantly exchange their shares for stablecoin at any time, enabling additional transfers. “Partnering with Ripple to integrate RLUSD into our tokenization infrastructure is a major step forward in automating liquidity for tokenized assets,” said Carlos Doming, CEO and co-founder of Securitize.

Launched by Ripple in late 2024, the RLUSD stablecoin was designed for enterprise use and has been accepted by some global authorities for asset tokenization. In a report, Ripple CEO Brad Garlinghouse also noted that the token has gained traction among retail users. In June, the Dubai Financial Authority approved RLUSD support in the Dubai Land Department’s real estate tokenization initiative.

Speaking about RLUSD, Jack McDonald, Ripple’s senior vice president of stablecoins, mentioned that making RLUSD available as an exchange option for tokenized funds is a natural step, as they consider it the perfect way to bridge traditional finance and 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,” he said.

The integration of RLUSD for BlackRock and VanEck’s tokenized funds comes as Securitize announced that tokenized real-world assets (RWA) on its platform had grown to hit about $4 billion. The firm first announced the issuance of BlackRock’s BUIDL in March 2024, allowing qualified investors on Securitize to earn US dollars by subscribing to the fund.

A year after the launch, BUIDL surpassed $1 billion in assets under management, marking a significant development in the tokenization industry. VanEck’s VBILL fund launched in May 2025, allowing investors exposure to tokenized US Treasury-backed assets. Initially, it was available on Avalanche, Ethereum, BNB Chain, and Solana blockchains. According to Securitize, VBILL currently supports Circle’s USDC stablecoin and the US dollar for payments of fees and returns.