VRF instance on one router

VRF gives one router multiple independent routing contexts — separate RIB, separate CEF table, separate routing processes. Overlapping IPs across tenants are fine; a failure in one VRF doesn’t touch the others.

ip route vrf VRF_A 0.0.0.0 0.0.0.0 10.10.10.254
ping vrf VRF_A 8.8.8.8
show ip route vrf VRF_A

VRF is routing isolation, not a firewall.