Ripple is strengthening its position in the tokenization market. Its stablecoin RLUSD is now used for settlements in the funds of the largest asset management companies BlackRock and VanEck. The integration was provided by Securitize, one of the leading platforms in the tokenized real assets segment.
A new level of liquidity
RWA volume exceeded $30 billion, number of holders — almost 400,000.
Securitize and Ripple launched a smart contract that allows investors in the BUIDL and VBILL funds to exchange their tokenized shares for RLUSD. The conversion is instant and fully on-chain, which effectively automates the process of exiting the funds.
According to the head of Securitize, adding RLUSD makes liquidity management simpler and more transparent. He emphasized that for institutional investors this opens up new scenarios for using tokenized instruments.
A stablecoin focused on institutions
RLUSD was introduced by Ripple at the beginning of 2025 as a new type of stablecoin, primarily aimed at corporate clients. The company emphasizes that, unlike conventional retail tokens, it was developed taking into account regulatory requirements and the needs of major financial players.
In the summer of this year, the Dubai Financial Services Authority included RLUSD in its real estate tokenization program. Thus, the asset already has experience being used in government initiatives.
Ripple’s Senior Vice President noted that connecting to the company’s infrastructure makes the stablecoin part of the fast-growing institutional tokenization segment. According to him, this confirms the demand for stablecoins that have stability and a clear legal status.
BlackRock and VanEck accelerate tokenization
The BUIDL fund, which BlackRock launched in spring 2024, became the company’s first blockchain-based product. Over the year, assets under management exceeded $1 billion, making it one of the key cases in the market’s development.
VanEck launched its VBILL product in May 2025. It provides access to tokenized US Treasury bills and is already available on several blockchains. Before integration with Ripple, settlements were made in dollars and USDC, but now investors have another exit instrument.
The institutional market is on the rise
According to Securitize, the volume of tokenized assets on the platform exceeded $4 billion. This shows that demand for digital versions of traditional instruments is growing rapidly. For Ripple, RLUSD integration is a chance to secure its status as an “institutional stablecoin,” competing with USDC and other players.
What’s next?
Adding RLUSD to the funds strengthens trust in Ripple and lays the foundation for new partnerships. The industry expects that other large asset managers will soon use stablecoins in their infrastructure as well.
Thus, Ripple gets the opportunity to establish RLUSD’s reputation as a stable settlement instrument for institutional products, and the tokenization market is entering a new stage — from experiments to mass adoption.
Read more: Tether prepares USDT and new USAT for GENIUS Act requirements
