Ripple, RLUSD Stablecoin'i BlackRock ve VanEck ile Entegre Etti

Ripple's RLUSD Stablecoin Opens New Market Opportunities

Ripple announced the integration of its stablecoin, RLUSD, into BlackRock and VanEck's tokenized money market funds. This integration allows investors to move directly to on-chain liquidity.

A new smart contract allows investors to exchange their shares for RLUSD on the Securitize platform. Thus, investors in BlackRock's BUIDL and VanEck's VBILL funds can convert their shares to RLUSD at any time. This creates what Ripple describes as a 24/7 stablecoin outlet for tokenized treasury assets.

RLUSD is positioned as a settlement layer for real-world assets (RWA). With world-class regulatory compliance, Jack McDonald, Ripple's Senior Vice President of Stablecoin, said the partnership is a natural step in bringing together the worlds of traditional finance and cryptocurrency.

RLUSD is backed by 100% liquid reserves, underwritten by the New York State Department of Financial Services (DFS), and has reached over $700 million in distribution since launching last year. Ripple aims to increase the use of RLUSD in cross-border payments and decentralized finance (DeFi) pools. This collaboration with Securitize also makes RLUSD available on XRP Ledger. This enables Ripple to issue a regulatory-compliant stablecoin while increasing its DeFi-focused usability.