Ripple RLUSD Integrates with BlackRock & VanEck Funds
Ripple has partnered with Securitize to integrate its institutional stablecoin RLUSD with BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s VBILL tokenized US Treasury fund. This integration allows holders to redeem shares for RLUSD on Ethereum 24/7, with support on the XRP Ledger coming soon. RLUSD is issued under a NYDFS trust charter with 1:1 USD backing, strict reserve management, and third-party attestations. Since late 2024, RLUSD’s market cap has topped $700 million and seen uptake in DeFi and cross-border payments. Ripple executives describe the move as a step toward programmable, compliant on-chain liquidity, enhancing collateral mobility for trading, lending, repo, and treasury operations. BlackRock’s Maxwell Stein will discuss tokenized assets at Ripple Swell 2025, underscoring institutional momentum. At press time, XRP traded at $2.88.
Bullish
Ripple’s integration of RLUSD with BlackRock and VanEck tokenized funds is poised to increase on-chain activity and institutional demand for XRP. By enabling 24/7 redemption and expanding collateral mobility in trading, lending, and payments, the move could drive higher XRP transaction volumes and network usage in both short and medium term. In the long term, the adoption of RLUSD by major asset managers under NYDFS oversight may bolster market confidence and encourage broader institutional participation. These factors combined support a bullish outlook for XRP.