- A viral post claimed Ripple’s RLUSD is used as collateral for BlackRock-linked funds.
- Critics questioned the lack of a verifiable source behind a shared screenshot.
- A confirmed Ripple-Securitize partnership clarifies RLUSD’s role in tokenized fund liquidity.
Claims that BlackRock embraced Ripple’s RLUSD sparked debate across crypto social media. The discussion followed a post citing a screenshot of a private Ripple document. Public disclosures now provide a clearer context for RLUSD’s actual role.
Viral Claims
Crypto-focused outlet Crypto DYL News posted that Ripple’s U.S. dollar stablecoin, RLUSD, is being used as collateral for BlackRock-linked tokenized funds and for cross-border payments. The post relied on a screenshot of what appeared to be an internal Ripple shareholder update.
The screenshot stated that RLUSD had surpassed a $1.2 billion market capitalization, placing it among the top five U.S. dollar stablecoins. It also said RLUSD is used as collateral within Ripple Prime and acts as an off-ramp for tokenized funds, naming BlackRock’s BUIDL and VanEck’s VBILL.
The document further referenced RLUSD’s role in cross-border settlements through Ripple Payments.
Related: Brad Garlinghouse Says Ripple Will Focus on Long-Term Crypto Utility, Not Hype Cycles
The post quickly drew questions from market participants. Investor Tarun Freestone asked Crypto DYL News to provide sources, noting that a screenshot without official branding or a public link was not authoritative.
Another XRP community figure, known as XRP OG, echoed the concern, saying screenshots alone do not establish authenticity.
Freestone later added that shareholder updates are typically private communications. He suggested that access to such documents would usually require holding Ripple equity, making independent public verification difficult without confirmation from Ripple.
As of publication, Crypto DYL News has not released additional documentation verifying the origin of the screenshot. Ripple has not commented directly on the circulating image.
What is Publicly Confirmed
While the screenshot remains unverified, a separate and publicly announced development has clarified RLUSD’s role in tokenized finance. Ripple confirmed a September partnership with tokenization firm Securitize that allows investors in BlackRock’s BUIDL fund and VanEck’s VBILL to exchange their tokenized shares directly for RLUSD.
According to Ripple, the collaboration introduces always-on smart contract functionality that enables continuous settlement and liquidity for tokenized U.S. Treasury funds. The company noted the integration creates a stable on-chain exit option while maintaining access to regulated digital assets.
Jack McDonald, Ripple’s senior vice president of stablecoins, stressed that RLUSD seeks to meet institutional requirements for liquidity, regulatory clarity, and security. He said the partnership expands the practical use of tokenized assets without removing them from compliant frameworks.
Securitize Chief Executive Carlos Domingo added that the integration supports real-time settlement and programmable liquidity for regulated tokenized products. He described the partnership as a step toward automating liquidity for institutional on-chain investments.
Ripple’s Role in BNY Tokenized Deposit Initiative
Ripple’s growing institutional footprint extends beyond stablecoins. Bank of New York Mellon recently launched a tokenized deposit service, with Ripple named among the early participants.
The service allows BNY clients to transfer funds using blockchain rails, creating digital representations of bank deposits already held at BNY. Unlike stablecoins, the deposits remain fully embedded within the traditional banking system. BNY first piloted the service in October 2025.
BNY said the initiative aims to support faster payments, collateral management, and margin transactions, while moving closer to round-the-clock operations.
Ripple is involved through Ripple Prime, its prime brokerage arm acquired last year for $1.25 billion. Ripple Prime joins firms such as Citadel Securities, Intercontinental Exchange, Baillie Gifford, DRW Holdings, and Circle.
Regulatory Structure and Market Growth
Notably, RLUSD operates under oversight from the New York Department of Financial Services and is backed one-to-one by highly liquid assets. The company added that reserves are governed by defined rules and verified through independent attestations.
Related: XRP Price Prediction: Ripple CEO Announces Major Wins As Token Trades Below Key EMAs
Since launching in late 2024, RLUSD has expanded across Ripple’s payments network, decentralized finance applications, and crypto on- and off-ramps.
Ripple executives said holders of BUIDL and VBILL can already redeem shares for RLUSD on Ethereum, with XRP Ledger support expected later.
What the Facts Show
There is no public confirmation that BlackRock itself has adopted RLUSD as a treasury asset or directly selected it as collateral. What is confirmed is that RLUSD functions as a liquidity and settlement tool for tokenized funds issued by BlackRock and VanEck through regulated infrastructure.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Source: https://coinedition.com/did-blackrock-embrace-ripples-rlusd-here-are-the-facts/
