Ripple has added another institutional rail to its stablecoin strategy: through an integration with Securitize, holders of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s VBILL tokenized US Treasuries can now redeem fund shares for Ripple USD (RLUSD) around the clock—initially on Ethereum, with support for the XRP Ledger (XRPL) in the pipeline.

BlackRock And VanEck Turn To Ripple’s RLUSD

In a press release dated September 23, Ripple and Securitize said a new smart-contract flow “would allow holders of BlackRock’s BUIDL and VanEck’s VBILL to exchange their shares … for Ripple USD (RLUSD),” describing the mechanism as “an additional stablecoin off ramp for BUIDL and VBILL tokenized short term treasury funds.” The companies emphasized continuous availability—“24/

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