XRP Price News: Securitize Could Bring Billions to RLUSD – $4 Next?

XRP (XRP) has gone up by more than 3% in the past 24 hours after Securitize announced that it picked Ripple USD (XRPR) as its off-ramp alternative to redeem shares in BlackRock’s BUIDL fund.

In a press release published on Tuesday, the company specialized in tokenization of real-world assets (RWAs), said that a smart contract will be launched to let investors exchange their shares for RLUSD instantly.

Securitize Official X Account – Source: X.com

Securitize considers the native stable asset of the XRP Ledger an “enterprise-grade” product that complies with regulatory standards.

This is the first time that RLUSD will be integrated as the liquidity provider for an RWA platform, reflecting growing use cases for the token and its increasing credibility among institutional players.

“Together, we’re delivering real-time settlement and programmable liquidity across a new class of compliant, on-chain investment products—bringing the full potential of blockchain to institutional finance,” said Carlos Doming, the CEO of Securitize.

BUIDL and VBILL Could Add Millions to RLUSD Market Cap

The BUIDL fund tokenizes U.S. Treasury bonds. It was launched by BlackRock as proof-of-concept for its ongoing efforts to incorporate blockchain technology into its suite of investment solutions.

Alongside the VanEck VBILL fund, a portion of the $2.1 billion in assets managed by these two products could rapidly flow to RLUSD if investors opt to redeem their shares at some point.

Meanwhile, the use of RLUSD as the go-to liquidity instrument for the funds could boost the demand for XRP in the near term as the settlement token for the XRP Ledger.

Ripple USD (RLUSD) Market Cap – Source: CoinMarketCap

The market cap of RLUSD has been growing steadily since its launch last year, moving from just $50 million to $740 million at the time of writing. It is already the 12th-largest stablecoin, and this partnership could propel it to the 11th place if it manages to reach $1 billion.

Compliance with regulatory requirements seems to be giving RLUSD an edge over its competitors. “RLUSD is issued under a New York Department of Financial Services (NYDFS) Trust Company Charter, underscoring its regulatory rigor,” the press release further highlighted.

XRP Bounced Strongly Off a Key Support – Next Stop $4?

Looking at the 4-hour chart, we can see that there are two potential pathways ahead for XRP. The first would be confirmed if the token breaks below the $2.7 support, as that could result in a deep correction to the $2.2 level.

XRP/USD 4-Hour Chart (Coinbase) – Source: TradingView

Meanwhile, the token has jumped strongly off this mark, and the Relative Strength Index (RSI) confirmed a buy signal upon crossing above the 14-period moving average.

A move to $3.1 seems highly probable at the time, as positive momentum has picked up its pace during today’s session. Trading volumes confirm the move as they spiked once XRP touched this critical support area.

A bullish breakout above this level could set off a much stronger rally toward $3.60 first and then to $4, which translates into an upside potential of at least 36% from where the token is now.

It is still a bit too early to confirm that move, but momentum readings have sent encouraging signals that this could be the end of the latest pullback.

Market conditions are quite favorable as the Fed lowered rates for the first time this year and project-specific tailwinds like this partnership with Securitize play in favor of a bullish outcome as well.