The leading Investment firm, VanEck, has linked its tokenized U.S. Treasury fund, VBILL, to Aave’s Horizon Real-World Asset (RWA) Market on Ethereum.
This move connects a traditional fixed-income product with a blockchain lending system. According to a blog post by Securitize, the firm facilitating infrastructure for the VBILL, this integration allows the fund to be used as collateral inside Aave’s permissioned marketplace.
It allows institutions to use VBILL within decentralized finance (DeFi) and opens the door to new ways of earning yield using familiar assets.
According to Aave data, VBILL currently has a liquidity of $9.17 million and a 7-day yield of 3.93%, while borrowing RLUSD costs around 2.84%. This difference creates room for yield strategies. A user can deposit VBILL as collateral, borrow RLUSD, and then reinvest those funds to increase their overall return.
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