Ripple stablecoin added as off-ramp for BlackRock and VanEck tokenized funds

Major RWA tokenization platform Securitize has partnered with Ripple to enable RLUSD stablecoin off-ramps for tokenized funds by BlackRock and VanEck.

Ripple and the tokenization platform Securitize have integrated the Ripple USD stablecoin as an off-ramp for tokenized funds by major crypto investment firms BlackRock and VanEck.

Ripple and Securitize launched a smart contract allowing holders of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s Treasury Fund (VBILL) to exchange their tokenized shares for the Ripple USD (RLUSD) stablecoin.

The smart contract allows BUIDL and VBILL investors to instantly exchange their shares for RLUSD at any time, enabling additional onchain transfers.

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