VanEck’s tokenized VBILL US Treasury fund can now be used as collateral on Euler
The Block
VanEck's tokenized VBILL fund is now available as collateral on the Euler lending protocol, integrating institutional Treasury exposure into DeFi.Summary
VanEck has enabled its tokenized U.S. Treasury fund, VBILL, to be used as collateral on the decentralized lending protocol Euler. Launched via Securitize on a market curated by KPK, this integration allows users to borrow crypto assets against their VBILL holdings while continuing to earn Treasury yields. The move highlights the growing convergence between institutional-grade onchain assets and decentralized finance infrastructure.
(Source：The Block)