Ripple and Securitize launch 24/7 swap of BlackRock BUIDL and VanEck VBILL into RLUSD
Ripple and Securitize announced a smart contract letting holders of BlackRock's BUIDL and VanEck's VBILL tokenized treasury funds exchange them for RLUSD around the clock.
Why it matters
The swap gives institutional holders of the two largest tokenized Treasury funds a regulated, always-on stablecoin off-ramp, potentially expanding RLUSD's utility and liquidity. Long's public-blockchain prediction and the XLS-96/XLS-75 upgrades signal Ripple's push to capture tokenized-asset flow on the XRP Ledger.
Key facts
Ripple and Securitize announced a smart contract allowing 24/7 instant exchange of BlackRock BUIDL and VanEck VBILL shares for RLUSD.
Reported by CryptoPotato
BUIDL and VBILL are the first tokenized products on public blockchains from BlackRock and VanEck respectively.
Reported by CryptoPotato
Ripple's SVP of Stablecoins Jack McDonald said the partnership unlocks new liquidity and enterprise-grade use cases for RLUSD.
Reported by CryptoPotato
Ripple President Monica Long stated at Korea Blockchain Week that the majority of tokenized volume will move to public blockchains.
Reported by U.Today
Long said confidential transfers (XLS-96) and permission delegation (XLS-75) are coming to the XRP Ledger.
Reported by U.Today
BlackRock published research arguing stablecoins will lead digital-asset payments by autonomous AI agents.
Reported by U.Today
Trader Peter Brandt reiterated his skepticism toward XRP, calling it a 'dumb coin' and questioning its supply dynamics.
Reported by Crypto News (CryptoNews.net)
Donald Trump said he is considering former SEC Chair Jay Clayton for an AI czar role; Clayton authorized the SEC lawsuit against Ripple on his last day in office.
Reported by Crypto News (CryptoNews.net)
What happened
Ripple and tokenization platform Securitize unveiled a smart contract that enables 24/7 instant redemption of BlackRock's BUIDL and VanEck's VBILL tokenized short-term Treasury funds for Ripple's stablecoin RLUSD. The integration marks the first official on-ramp for these two traditional-finance tokenized products into RLUSD, according to Ripple's SVP of Stablecoins Jack McDonald. Separately, Ripple President Monica Long said at Korea Blockchain Week that the bulk of tokenized volume will migrate to public blockchains, citing upcoming XRP Ledger features such as confidential transfers (XLS-96) and permission delegation (XLS-75). Other coverage in the same period discussed BlackRock research arguing stablecoins will power AI-agent payments, trader Peter Brandt's continued skepticism toward XRP, and reports that former SEC Chair Jay Clayton — who authorized the Ripple lawsuit — is under consideration for a White House AI czar role.
How the story developed
- Official statement
BlackRock releases 'The Machine-Native Economy' research paper
Paper argues stablecoins will power AI-agent micropayments and identifies $300B+ stablecoin market.
- First report
First report by Crypto News (CryptoNews.net)
XRP News: Former BlackRock MD Says Ripple Will Eventually Succeed Despite Divided Opinions
- Independent corroboration
Independently corroborated by CryptoPotato
XRP Whales Keep Buying as Ripple Makes Big BlackRock-Related Announcement
- Official statement
Ripple and Securitize announce 24/7 BUIDL/VBILL to RLUSD swap
Smart contract integration goes live for institutional holders of the two tokenized Treasury funds.
- Official statement
Ripple President Monica Long speaks at Korea Blockchain Week
Long says tokenization volume will shift to public blockchains and previews XLS-96 and XLS-75 upgrades.
- Update
Reports surface that Trump is considering Jay Clayton for AI czar
Clayton authorized the SEC's Ripple lawsuit on his final day as chair in December 2020.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 23 Sept 2026, 20:47 UTC: Crypto News (CryptoNews.net) — 1 independent source, 1 reports
- 26 Sept 2026, 04:00 UTC: U.Today — 2 independent sources, 2 reports
- 26 Sept 2026, 07:06 UTC: Crypto News (CryptoNews.net) — 3 independent sources, 3 reports
- 26 Sept 2026, 11:28 UTC: CryptoPotato — 4 independent sources, 4 reports
- 30 Sept 2026, 07:22 UTC: CoinGape — 5 independent sources, 10 reports
Affected entities
Also mentioned: Donald Trump, Ethereum, Nasdaq, South Korea, Tether USDt, United States, Commodity Futures Trading Commission
Original sources
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