Venus Protocol has announced a partnership with Asseto and United Stables aimed at expanding institutional real-world asset (RWA) lending on the BNB Chain. The collaboration introduces Asseto’s CASH+ tokenized cash-management fund token as collateral within Venus Protocol’s Institutional Fixed Rate Vault.
Under the new arrangement, United Stables’ $U token serves as the borrow asset against the tokenized CASH+ collateral. This structure enables institutional holders to access on-chain liquidity at a fixed rate without selling their underlying CASH+ positions, thereby extending tokenized assets into structured credit markets.
Iris, Head of Venus Protocol, stated that tokenized real-world assets should be actively utilized rather than simply remaining on-chain. By integrating CASH+ into the vault as collateral, the protocol provides institutions with a method to access liquidity while maintaining their market exposure.
Bridge, CEO and co-founder of Asseto, noted that the integration extends CASH+ from a tokenized exposure into functioning collateral capable of supporting on-chain borrowing. Similarly, Athena, CEO of United Stables, emphasized that institutional credit represents an important use case for stablecoins, connecting $U liquidity directly with institutional on-chain lending.
The CASH+ Institutional Fixed Rate Vault is currently live on the BNB Chain, allowing eligible institutions to access the vault and explore further details through Venus Protocol's official channels.
