🤑 Ripple’s RLUSD: The New Darling of Wall Street’s Tokenized Elite? 🤑
In a proclamation dated September 23, Ripple and Securitize unveiled a smart-contract ballet that permits the holders of BlackRock’s BUIDL and VanEck’s VBILL to exchange their shares for RLUSD, a mechanism they dub “an additional stablecoin off-ramp.” Ah, the poetry of finance! The firms extolled its ceaseless availability-“24/7”-and framed it as a fountain of programmable liquidity for compliant, on-chain investments. Securitize, ever the courtier, confirmed its integration with the XRP Ledger, promising to “expand access and bring new utility to the XRPL ecosystem.” 🌍