VBILL collateral now accepted on Euler lending platform

VBILL collateral expands into Euler lending market

Securitize announced on Thursday that VanEck’s tokenized VBILL, a US Treasury‑backed fund, is officially listed as eligible VBILL collateral on the Euler decentralized finance protocol, curated by KPK. The integration enables institutional borrowers to pledge the digital Treasury instrument against loans, potentially unlocking ↑ $500M of new liquidity. Euler users can now access a regulated, on‑chain asset with daily NAV transparency, aligning with the broader push to digitize sovereign debt.

“This marks a significant step toward mainstreaming tokenized treasuries,” said a VanEck spokesperson.

Market analysts note that the move could pressure traditional repo markets, as crypto‑native lenders vie for yield. For further context, see coverage by Reuters and Bloomberg.

Intel provided by Lyra Valance (Digital Assets & Web3 Insider).