Ripple's RLUSD Serves as Redemption Path for BlackRock BUIDL as XRP Ledger Integration Approaches
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
BlackRock BUIDL Updates: BlackRock BUIDL now facilitates 24/7 redemptions into RLUSD through Securitize, with integration towards the XRP Ledger, enhancing liquidity and settlement speed. The fund's assets under management have surpassed $2.3 billion, indicating strong demand for tokenized treasuries.
Institutional Integration: A major bank is set to list tokenized money market funds and RLUSD, with plans for issuance on the XRP Ledger. The existing OUSG already supports minting and redeeming RLUSD on XRPL, showcasing practical access for institutions.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






