Jun. 18, 2026
Paris, France, June 18th, 2026, Chainwire
Unlocking yield opportunities for Confidential USDC (cUSDC) holders by integrating Zama on top of Morpho and Steakhouse’s existing vaults.
Zama, the fastest growing confidentiality protocol for onchain finance, today announced a landmark technical partnership with Morpho and Steakhouse Financial to launch Steakhouse Confidential USDC Prime vault, the first DeFi yield product for confidential USDC stablecoins (cUSDC) on Ethereum. Through this initiative, Zama delivers the underlying infrastructure to power the confidential Steakhouse USDC Prime vault, deployed natively on Morpho’s industry-leading decentralized lending protocol.
Historically, institutional adoption of decentralized finance (DeFi) has been fundamentally stalled by the lack of confidentiality on public blockchains. For corporate treasuries and asset managers, exposing transactions onchain reveals yield strategies and real-time balances to competitors and front-runners, potentially leading to lower returns. With this integration, institutional allocators, corporate treasuries, and active market participants now have a solution that enables them to earn yield on their stablecoins, without disclosing their balances and strategy.
