Ripple's RLUSD integrates with the Securitize platform, allowing for direct redemptions from Blackrock BUIDL and Vaneck VBILL 24/7.
The crypto-asset market is witnessing a strong acceleration as major financial institutions actively participate in the blockchain space. On September 23, Ripple announced the integration of its enterprise stablecoin RLUSD with the asset tokenization platform Securitize, creating a direct bridge with two leading crypto funds from Blackrock and Vaneck.
Through the new smart contract, Blackrock BUIDL and Vaneck VBILL holders Fungible their holdings for RLUSD 24/7, unlocking stable transactions on the blockchain. BUIDL is Blackrock's USD Institutional Digital Liquidity Liquidation , while VBILL represents Vaneck's Treasury Fund Ltd., both reflecting a strategy of investing in short-term U.S. Treasury bonds.
Increased liquidation and accessibility
This integration brings significant benefits to the decentralized finance ecosystem. RLUSD is issued under the Trust Company Charter of the New York Department of Financial Services and is backed 1:1 by high-quality liquidation assets, ensuring stability and regulatory compliance.
Ripple CEO Brad Garlinghouse highlighted the revolutionary nature of this solution, which allows investors to access instant liquidation on the blockchain 365 days a year. This is a major breakthrough in connecting traditional finance with the DeFi ecosystem, bringing real-world utility to decentralized applications.
Securitize is expanding its integration with XRP Ledger to enhance accessibility and create new utility for the XRPL ecosystem. This will not only increase liquidation for RLUSD but also open up opportunities for additional use cases and assets in the future.
RLUSD is now live on multiple DeFi platforms and Liquidity Pool with a market Capital exceeding $700 million. The stablecoin is designed with third-party authentication features, asset segregation, and a transparent return policy to boost trust from institutional investors.
While some regulators remain cautious about crypto financial products, proponents argue that enterprise-grade digital assets like RLUSD bring superior efficiency, high compliance, and better transparency to modern Capital markets.
