After Ripple's collaboration with BlackRock and VanEck, can XRP continue its recovery momentum to challenge new highs?

On September 25, 2025, news reported that Ripple launched smart contracts through the Securitize platform, allowing BlackRock BUIDL fund and VanEck VBILL tokenized fund holders to exchange 1:1 for RLUSD stablecoin, achieving 24/7 instant on-chain liquidity. This move marks RLUSD's first time as a Liquidity Provider for the RWA platform, with BUIDL managing assets exceeding $2 billion, and VBILL following suit, while RLUSD's market capitalization reached $742 million, with an 8% monthly increase. Ripple CEO Brad Garlinghouse referred to this as 'real practicality', and Jack McDonald viewed it as a natural step in bridging TradFi and encryption. However, the XRP price is affected by market sentiment, having fallen 10% after reaching a September peak of $3.20, maintaining a support level at $2.70 and forming a descending triangle pattern.

Ripple RLUSD empowers BlackRock BUIDL: 24/7 on-chain exchange launched

Ripple collaborates with RWA tokenization platform Securitize to launch smart contracts, allowing holders of BlackRock's BUIDL fund and VanEck's VBILL to instantly exchange RLUSD stablecoin in a 1:1 ratio, providing 24/7 on-chain liquidity. BUIDL is BlackRock's first tokenized fund, set to launch in March 2024, managing assets of over USD 2 billion; VBILL will start in May 2025, supporting multi-chain operations. Traditional exchanges rely on bank transfers or cash settlements, often taking several days; this on-chain path significantly reduces time and enhances efficiency.

Ripple CEO Brad Garlinghouse stated on X: "BlackRock's BUIDL and VanEck's VBILL holders can exchange RLUSD/ETH through Securitize 24/7, with XRPL integration coming soon. Enterprise-grade instant on-chain liquidity, this is real and practical." Securitize CEO Carlos Domingo mentioned that this integration "automates the liquidity of tokenized assets," and Jack McDonald added that RLUSD is designed specifically for institutions, compliant with the NYDFS trust company charter, with 1:1 reserve backing and audited by a third party.

How BlackRock Funds Benefit: Seamless Bridge from TradFi to DeFi

BUIDL and VBILL, as the first tokenized funds issued on public chains, traditionally rely on Securitize's off-chain processes for exchanges, with settlements taking several days. This RLUSD integration provides an instant on-chain exit path. Holders can exchange their shares for RLUSD, retaining on-chain yield strategies and DeFi opportunities while achieving stable digital dollar transfers. BUIDL's TVL exceeds 2 billion USD, and VBILL covers Avalanche, Ethereum, and Solana. This feature will attract more institutional investors.

Ripple President Monica Long stated, "Last week, DBS and Franklin Templeton have used RLUSD as a tokenization asset lending and trading exchange mechanism, continuing the momentum of this integration." For BlackRock, this collaboration enhances the fund's practicality, reduces liquidity friction, and promotes the transformation of RWA tokenization from pilot to mainstream. Traders can pay attention to BUIDL TVL changes as an indicator of RLUSD adoption.

XRP ecosystem benefits: RLUSD growth may indirectly boost demand

Since its launch in December 2024, RLUSD has reached a market capitalization of $742 million, with a monthly increase of 8%, ranking 12th among stablecoins. As a settlement Token on XRPL, this integration will increase the circulation of RLUSD, driving demand for XRP, especially in cross-border payments and DeFi pools. Garlinghouse emphasized that RLUSD/ETH exchanges are now live, with RLUSD/XRPL coming soon, this expansion bridges TradFi and the encryption space.

However, the price of XRP is affected by broader market sentiment, falling 10% after the September high of $3.20, holding the H2 support at $2.70, forming a descending triangle pattern. If it breaks through the resistance at $3.00, it could test $3.60. Short-term operation suggests buying small positions near $2.70, with a stop loss at $2.60. RLUSD growth may indirectly benefit XRP, but it requires macro winds.

Competitive Landscape: Circle USDC Leads with Prominent Institutional Positioning for RLUSD

RLUSD is not the first to offer this feature; Circle allowed BUIDL holders to exchange through USDC in April 2024, with a market capitalization of USDC at 73.6 billion USD, second only to Tether USDT. Ethena USDe and PayPal PYUSD both experienced double-digit growth, with the former attracting attention for high yields and the latter offering a 4% yield through partnerships. Although RLUSD started later, its institution-oriented design and compliance with NYDFS provide advantages, with circulation exceeding 700 million USD.

X Community Perspective: McDonald stated that this collaboration "naturally bridges TradFi and encryption", while Domingo referred to it as "automated liquidity".

@CorwinXRP shares integration details, gaining hundreds of interactions, and the community views RLUSD as a milestone in XRPL RWA. In the long term, RLUSD may grow or enhance the settlement role of XRP.

Conclusion

Ripple RLUSD integrates BlackRock BUIDL and VanEck VBILL, providing 24/7 on-chain exchange, addressing TradFi liquidity pain points. This collaboration marks an enhancement in the utility of institutional-grade stablecoins, with RLUSD market capitalization increasing by 8% to $742 million monthly. Despite market pressures, XRP holds at $2.70, but XRPL expansion may indirectly boost demand, and a breakthrough above $3.00 will open up new highs. In Q4 2025, the RWA tokenization wave will drive the integration of RLUSD and the XRP ecosystem, and investors should pay attention to TVL growth and price support.

Disclaimer: This article is for informational purposes only and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investors should make decisions cautiously.