Posted on Leave a comment

BlackRock’s $2 billion BUIDL fund may soon expand to XRP Ledger – CryptoSlate

RLUSD’s rapid growth showcases its potential as a stable exchange tool for institutional tokenized funds like BlackRock’s BUIDL.
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Tokenization platform Securitize is looking to integrate with the XRP Ledger (XRPL), a step that could bring BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) directly onto the blockchain network, according to a Sept. 23 statement.
This impending move signals a deepening link between institutional finance and blockchain infrastructure, while also expanding XRPL’s presence in the real-world asset (RWA) sector.
In recent months, XRPL has attracted multiple institutional adopters such as Guggenheim, VERT, and Dubai Land Registry. These additions have pushed the ledger into the top ten blockchains for RWA activity, underlining its growing relevance in capital markets.
Ripple has reinforced this momentum by publishing a roadmap that positions XRPL, along with native assets XRP and RLUSD, as infrastructure for stablecoin payments, collateralized lending, and broader institutional use cases.
Against this backdrop, the possible arrival of the $2 billion BUIDL fund on XRPL would serve as a milestone, given its status as the industry’s largest tokenized money market fund.
As part of the collaboration, Ripple and Securitize are rolling out a smart contract integration that embeds RLUSD into the tokenization platform.
The contract will allow investors to exchange shares in tokenized funds such as BlackRock’s BUIDL and VanEck’s VBILL for RLUSD 24/7.
The integration is designed to enhance liquidity and offer investors a seamless way to move between tokenized money market funds and on-chain stable assets. While RLUSD for BUIDL is already live, VBILL support is expected to follow shortly.
Ripple’s president, Monica Long, said the collaboration highlights RLUSD’s accelerating institutional adoption, noting that:
“Last week we announced DBS and Franklin Templeton using $RLUSD as a liquid, stable and compliant exchange mechanism for tokenized assets in lending and trading use cases. This week, Securitize added RLUSD as a new offramp for BlackRock and VanEck’s tokenized funds.”
According to CryptoSlate data, RLUSD is among the fastest-growing stablecoins, now commanding a market capitalization of $741.4 million. Its integration into leading tokenized funds positions it as a core player in the intersection of traditional finance and blockchain.
Oluwapelumi values Bitcoin’s potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.
AJ, a passionate journalist since Yemen’s 2011 Arab Spring, has honed his skills worldwide for over a decade. Specializing in financial journalism, he now focuses on crypto reporting.

Follow us on X for your essential dose of daily crypto news and deep dives.
CryptoSlate’s latest market report compares Bitcoin and DeFi to some of the most established benchmarks in traditional finance.
Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
Celebrating eight years of innovation, TRON pledges resilience and advances as a financial inclusion powerhouse.
Ripple USD (RLUSD), issued by Standard Custody & Trust Company, LLC, a subsidiary of Ripple Labs, is a USD-backed stablecoin designed with trust, liquidity, and regulatory compliance as foundational principles.
The XRP Ledger is a decentralized cryptographic ledger powered by a network of peer-to-peer servers.
BlackRock, synonymous with global asset management, is an American multinational investment management corporation based in New York City.
Ripple is a US-based technology company which develops the Ripple payment protocol and exchange network using XRP, the digital asset native to the XRP Ledger.
Securitize Inc.
Get the latest crypto news, insights and market analysis straight to your inbox.
We respect your privacy and will never share your email address.
Please add [email protected] to your email whitelist. You may unsubscribe at any time.
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you read on CryptoSlate should be taken as investment advice. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own diligence before making any investment decisions. CryptoSlate is not accountable, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection to the use or reliance of any content you read on the site.
© 2025 CryptoSlate. All rights reserved. Terms & Conditions | Privacy Policy
Please add [email protected] to your email whitelist.
Stay connected 👇

source

Leave a Reply

Your email address will not be published. Required fields are marked *