RLUSD Becomes Off-Ramp for BlackRock and VanEck Tokenized Funds

• RLUSD enables 24/7 redemption for BlackRock’s BUIDL and VanEck’s VBILL via Securitize.
• The stablecoin is NYDFS-regulated, backed 1:1 with USD assets, ensuring compliance.
• RLUSD adoption expands into DeFi, liquidity pools, and tokenized treasury fund settlements.

RLUSD has been integrated into tokenized fund infrastructure as a redemption option for BlackRock’s BUIDL and VanEck’s VBILL through Securitize. The development gives institutional investors continuous access to a stable and compliant digital asset while expanding liquidity channels in tokenized finance.

BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s Treasury Fund, Ltd. (VBILL) represent their first tokenized products launched on public blockchains. Through a smart contract deployed by Securitize and Ripple, holders of these funds can redeem shares directly for RLUSD at any time. The option also supports conversion into ETH, with XRP Ledger (XRPL) integration planned.

The functionality is live for BUIDL and will extend to VBILL in the coming days. This new settlement path allows investors to move between tokenized assets and stable liquidity without relying on traditional intermediaries. It also adds an institutional-grade layer of compliance, as RLUSD is issued under a New York Department of Financial Services (NYDFS) Trust Company Charter.

Ripple confirmed that RLUSD is backed 1:1 with U.S. dollar liquid assets. Its framework includes strict reserve management, third-party attestations, asset segregation, and redemption rights designed to meet regulatory requirements.

RLUSD’s Expanding Role in Institutional Finance

The use of RLUSD in tokenized funds follows earlier adoption by DBS and Franklin Templeton, which integrated the stablecoin into lending and trading use cases. Its availability as an exchange option enables real-time redemption, increasing liquidity while maintaining compliance.

Since launching in late 2024, RLUSD has grown beyond cross-border payments into decentralized finance and liquidity pools. It has surpassed $700 million in market capitalization and continues to serve as a settlement layer for institutions requiring transparent and programmable digital assets.

Carlos Domingo, CEO of Securitize, described the integration as progress toward automating liquidity for tokenized assets. By embedding RLUSD into fund infrastructure, Securitize and Ripple introduced real-time settlement and interoperability across regulated investment products.

Next Steps and Market Impact

This integration is the first time RLUSD has been added to Securitize’s platform. Expansion to the XRPL is planned, which will extend its reach into Ripple’s native ecosystem. More tokenized assets are also expected to adopt the stablecoin as an off-ramp option.

Institutional interest in tokenized short-term treasury funds is growing as asset managers explore blockchain applications for efficiency. With RLUSD now available, investors gain direct redemption channels that link traditional investment products with compliant on-chain liquidity.