Ripple, Securitize Launch RLUSD Swap for BlackRock, VanEck Funds

The partnership between Ripple and Securitize marks a pivotal moment in the evolution of tokenized real-world assets. Through a newly developed smart contract, holders of BlackRock’s $BUIDL and VanEck’s $VBILL—both tokenized short-term treasury products issued on public blockchains—can now redeem their shares for RLUSD stablecoin around the clock. This integration effectively creates what Ripple’s SVP of Stablecoins, Jack McDonald, describes as “an additional stablecoin off-ramp” for these institutional-grade investment products.

The immediate practical benefit for investors is the ability to swap tokenized treasury fund shares for RLUSD instantly while maintaining exposure to on-chain yields and DeFi strategies. This functionality addresses a critical need in the digital asset space: providing institutional investors with the liquidity flexibility traditionally available only during market hours. The integration is currently live for BUIDL holders, with VBILL support expected to follow in the coming days, initially offering RLUSD/ETH pairs with RLUSD/XRPL trading coming soon.

Jack McDonald emphasized that “making RLUSD available as an exchange option for tokenized funds is a natural next step as we continue to bridge traditional finance and crypto.” This statement underscores Ripple’s strategic positioning of RLUSD as an institution-focused stablecoin offering “regulatory clarity, stability, and real utility.” The partnership with Securitize, a trusted platform in the digital asset infrastructure space, is seen as crucial for unlocking new liquidity avenues and enterprise-grade use cases.

Carlos Domingo, Co-Founder and CEO of Securitize, highlighted the transformative potential of the collaboration: “Partnering with Ripple to integrate RLUSD into our tokenization infrastructure is a major step forward in automating liquidity for tokenized assets. Together, we’re delivering real-time settlement and programmable liquidity across a new class of compliant, on-chain investment products—bringing the full potential of blockchain to institutional finance.” This alignment between established financial institutions like BlackRock and VanEck with blockchain-native companies represents the maturation of tokenization technology.

Brad Garlinghouse’s announcement positions this development as delivering “enterprise-grade instant onchain liquidity at your fingertips” that represents “real utility.” The integration addresses several key challenges that have limited institutional adoption of tokenized assets, particularly around liquidity management and interoperability. By providing a seamless bridge between tokenized treasury products and a regulated stablecoin, the partnership creates a template for how traditional financial instruments can coexist with cryptocurrency ecosystems.

The successful implementation of this smart contract-based liquidity solution could pave the way for similar integrations across the growing tokenized assets landscape. As adoption of RLUSD grows through partnerships with platforms like Securitize, the infrastructure supporting instant redemption and exchange capabilities may become standard for institutional digital asset products. This development signals that the convergence of traditional finance and blockchain technology is accelerating, with major financial players increasingly embracing the efficiency and flexibility offered by on-chain solutions.