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Ripple stablecoin RLUSD becomes share exchange channel for BlackRock and VanEck tokenized funds

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2025-09-23 13:21:07
Ripple and security token issuance platform Securitize have integrated the stablecoin RippleUSD (RLUSD) as a share exchange channel for securities funds owned by two major crypto investment giants, BlackRock and VanEck.
Ripple and Securitize have launched smart contracts that allow holders of BlackRock's US Dollar Institutional Digital Liquidity Fund (BUIDL) and VanEck's Treasury Fund (VBILL) to exchange their shares of security tokens for the stablecoin RippleUSD (RLUSD). The smart contracts allow investors in BUIDL and VBILL to instantly exchange their shares for RLUSD at any time, enabling more on-chain transfer operations.
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