Ripple, Securitize Launch RLUSD Off-Ramp for BUIDL & VBILL

Published: 2025-09-23 15:57:15 |

Ripple and Securitize have launched an off-ramp for RLUSD—Ripple’s USD-backed stablecoin—on Securitize’s tokenization platform, enabling holders of BlackRock’s BUIDL and VanEck’s VBILL tokenized treasury funds to swap shares for RLUSD instantly. The BUIDL fund holds $2 billion in on-chain real-world assets (RWA), while VBILL carries a $74 million market cap. The off-ramp for BUIDL is live, with VBILL support imminent, providing 24/7 access to instant on-chain transfers, yield opportunities and broader DeFi strategies. RLUSD is backed 1:1 by USD, issued under a NYDFS trust charter, and has grown to a $741 million market cap since its late-2024 launch. Competing stablecoins include USDT, USDC and PYUSD. Securitize plans to integrate the XRP Ledger to expand compliant, programmable liquidity for tokenized assets. The partnership bridges traditional finance and DeFi, offering regulatory clarity and unlocking enterprise-grade use cases for institutional platforms.

Neutral

Since RLUSD is a USD-pegged stablecoin, its price remains anchored at $1 regardless of adoption or volume changes. While the new off-ramp with BlackRock’s BUIDL and VanEck’s VBILL is likely to boost RLUSD’s trading volume and on-chain liquidity, it should not affect its peg. Traders can expect neutral price movement in both the short term and long term, although increased institutional demand may drive wider market utility and deeper liquidity.