Did BlackRock Embrace Ripple’s RLUSD? Here Are the Facts
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Claims surfaced that Ripple's RLUSD stablecoin is used as collateral for BlackRock-linked funds, citing a viral post with a screenshot. Critics challenge the veracity of the source while a confirmed partnership between Ripple and Securitize clarifies RLUSD's role in tokenized fund liquidity. RLUSD reportedly surpassed a $1.2 billion market cap, affecting discussions on its adoption.
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- 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 mar…
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