Venus Protocol launched an Institutional Fixed Rate Vault enabling institutions to borrow stablecoin against tokenized RWA collateral without liquidating positions.
DeFi & Yields ·
Venus Protocol has launched an Institutional Fixed Rate Vault on BNB Chain in partnership with Asseto and United Stables, enabling institutions to borrow $U stablecoin using Asseto's CASH+ tokenized cash-management fund as collateral. The vault is now live and allows eligible institutional borrowers to tap into on-chain liquidity while maintaining their underlying RWA exposure, rather than liquidating positions to access funds.
The structure connects three components: Venus provides the vault infrastructure, Asseto supplies CASH+ as collateral, and United Stables issues $U as the borrowing asset. The arrangement marks a shift in how tokenized real-world assets function on-chain—moving them from static holdings into active collateral within credit markets. According to Venus, this integration extends the utility of tokenized RWAs beyond transfer and storage into participation in structured lending on BNB Chain.
Adoption hinges on institutional participation and eligibility to access the vault. The collaboration underscores ongoing efforts to build financial infrastructure around tokenized assets, though the extent to which institutions will deploy capital through this mechanism remains untested. Venus reports $2.8 billion in total value locked as of 2025.