RLUSD Integrates with Securitize Amid XRP Whales' Massive Accumulation
Ripple's RLUSD stablecoin has gained another institutional use case after integrating with Securitize, a platform that tokenizes securities. This partnership allows holders of BlackRock's BUIDL and VanEck's VBILL to exchange their shares for RLUSD around the clock.
The integration creates an off-ramp for BUIDL and VBILL, supporting on-chain transfers while preserving holders' exposure to decentralized finance strategies. Jack McDonald, Ripple's senior vice president of stablecoins, said RLUSD is designed for institutional use, offering 'regulatory clarity, stability, and real utility.'
During the same period, large XRP holders accumulated over 470 million tokens, valued at more than $720 million. This buying wave follows a previous week where they acquired more than 1.5 billion XRP over 96 hours.