Ripple and tokenization platform Securitize have integrated Ripple USD (RLUSD) stablecoin as an off-ramp for tokenized funds from BlackRock and VanEck, so that investors can have a new way to access liquidity on blockchain.
This means investors holding shares in these funds can now swap them directly for RLUSD using a smart contract.
According to the press release, the feature operates around the clock so investors have seamless access to liquidity at any time without delays.
“Partnering with Ripple to integrate RLUSD into our tokenization infrastructure is a major step forward in automating liquidity for tokenized assets,” Carlos Domingo, Co-Founder and CEO of Securitize said.
Built for institutions
Ripple launched RLUSD towards the end of 2024 with a clear aim to cater to institutions like banks and investment firms. The stablecoin has already been supported by regulators like Dubai Financial Services Authority.
According to Ripple, the stablecoin is built to offer regulatory clarity, and real utility. “Making RLUSD available as an exchange option for tokenized funds is a natural next step as we continue to bridge traditional finance and crypto,” Jack McDonald, Ripple’s Senior Vice President of Stablecoins.
Tokenized funds gaining ground
BlackRock’s BUIDL fund was introduced in March 2024, to give qualified investors tokenized shares that earn U.S. dollar yields. The fund crossed $1 billion in assets under management within a year, and current data from RWA.xyz shows its value has grown to $2 billion with about 90 holders across multiple blockchains including Ethereum, Solana, Avalanche, Polygon, Arbitrum, and Optimism.
VanEck’s VBILL fund went live in May 2025. The fund allows investors to buy into tokenized United States Treasury-backed securities such as Avalanche, BNB Chain, Ethereum, and Solana. The fund is valued at approximately $74 million at the moment and has 14 holders. Unlike other stablecoins, these two stablecoins maintain a value of $1 but provide investors with yields.
Together, tokenized real-world assets (RWAs) on Securitize have grown to around $4 billion. USDC, the stablecoin of Circle, was already integrated as an off-ramp, and now RLUSD adds another regulated option. Ripple and Securitize say they plan to expand use cases further, including integration with the XRP Ledger for future products.
