Ripple’s RLUSD Now Available for Redemption in BlackRock and VanEck Funds

TLDR Ripple integrates RLUSD into BlackRock’s BUIDL and VanEck’s VBILL. Tokenized fund holders can redeem shares for RLUSD anytime. Ripple strengthens RLUSD’s liquidity and enterprise-level applications. Ripple expands RLUSD support across Ethereum, Solana, and Avalanche. Ripple has partnered with Securitize to bring its stablecoin, Ripple USD (RLUSD), to two prominent tokenized funds: BlackRock’s BUIDL and [...]

The post Ripple’s RLUSD Now Available for Redemption in BlackRock and VanEck Funds appeared first on Blockonomi.