Zama, Morpho, and Steakhouse Launch Confidential USDC Vault on Ethereum, Opens June 23

ZAMA10.97%
MORPHO0.57%
ETH-1.14%
FHE-7.15%

According to The Block, Zama, Morpho, and Steakhouse Financial announced the launch of Steakhouse Confidential USDC Prime vault on Ethereum on June 23. The vault enables institutions to earn yield on USDC holdings without exposing their on-chain positions.

The product is built on Zama's FHE encryption technology for cUSDC and Morpho's lending infrastructure.

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