Ripple’s RLUSD Stablecoin Gains Ground as BlackRock and VanEck Embrace Tokenized Fund Off-Ramps

The financial world is inching closer to a blockchain-driven future. In a landmark move, Ripple’s RLUSD stablecoin has been integrated into tokenized funds from two of the world’s most influential investment firms, BlackRock and VanEck. The development, made possible through a partnership with tokenization platform Securitize, signals a profound step toward bridging traditional finance with onchain liquidity.

A New Onchain Exit Strategy

At the heart of this innovation lies a smart contract developed by Ripple and Securitize. Investors in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s Treasury Fund (VBILL) can now seamlessly exchange their tokenized shares for RLUSD. This mechanism provides an instant off-ramp, allowing tokenized assets to flow back into a stable, enterprise-focused digital currency at any time.

For institutions navigating the transition from conventional markets to tokenized ones, the ability to exit positions fluidly is critical. By embedding RLUSD into the tokenization process, Ripple and Securitize are tackling one of the biggest barriers to mainstream adoption: liquidity.

RLUSD: Built for Institutions

Ripple launched RLUSD in early 2025 with a clear purpose—serve as a regulatory-compliant stablecoin tailored to institutional finance. Unlike consumer-focused digital assets, RLUSD is designed with enterprise use cases in mind, offering regulatory clarity, stability, and real-world utility.

Already, regulators and public institutions have begun to recognize its role. The Dubai Financial Services Authority, for example, approved RLUSD for use in the Dubai Land Department’s real estate tokenization projects earlier this year. With its latest integration into Securitize’s infrastructure, RLUSD is positioning itself as the default stablecoin for tokenized finance.

Ripple’s head of stablecoins, Jack McDonald, underscored the broader vision: “As adoption grows, partnerships with trusted platforms like Securitize are key to unlocking new liquidity and enterprise-grade use cases.”

Tokenized Assets Cross $4 Billion on Securitize

The timing of this integration is no coincidence. Real-world asset (RWA) tokenization has gained momentum, with Securitize reporting approximately $4 billion worth of tokenized assets on its platform.

BlackRock’s BUIDL, launched in March 2024, was the firm’s first tokenized fund and surpassed $1 billion in assets under management within a year. It allows qualified investors to earn U.S. dollar yields via tokenized subscriptions.

VanEck followed in May 2025 with VBILL, offering blockchain-based exposure to U.S. Treasury-backed assets across multiple networks, including Ethereum, Solana, Avalanche, and BNB Chain. By integrating RLUSD as a liquidity exit option, both funds now align with a broader push toward interoperable, onchain financial markets.

The Broader Implications

The integration of RLUSD reflects a larger narrative in finance: the convergence of traditional institutions with blockchain-native tools. Stablecoins, once considered niche, are now the linchpin of tokenization strategies for trillion-dollar asset managers.

By providing institutional investors with immediate access to stable, compliant liquidity, Ripple and Securitize are effectively lowering the barriers for large-scale adoption of tokenized funds. It is not just about making assets tradable onchain—it is about making them usable, transferable, and as liquid as their offchain counterparts.

As tokenized assets continue to scale, the need for trusted, institutional-grade stablecoins like RLUSD will only grow. For BlackRock and VanEck, two titans of traditional finance, the move to embrace this new off-ramp suggests that the era of tokenized global markets is closer than many had anticipated.