We use VRED as the final render software AND as a dataprep tool to export prepped CAD data to other DCC tools (Blender, 3DS Max). The exchange with FBX loses most of the material appearance (not material assignment) and requires a separate material library in each application.
It would be nice to have USD/glTF import and export as a standardized exchange format that includes PBR materials. As Susanna Holt from Autodesk mentioned during the recent NVidia GTC 2021 talk about USD as the foundation of the Nvidia Omniverse (https://gtc21.event.nvidia.com/media/t/1_1loj9flh ), Autodesk is investigating USD as an exchange format.
Also it would have the benefit of being able to quickly demonstrate VRED models on iOS devives in AR.