Data compiled by Woofun AI shows that Steakhouse Financial, in collaboration with Morpho and Zama, has deployed the Steakhouse Confidential USDC Prime vault on the 以太坊 network. This confidential DeFi product allows institutions to accrue earnings on encrypted USDC balances while maintaining position privacy on-chain.

The vault, built on Zama’s FHE-encrypted cUSDC technology and Morpho’s lending infrastructure, will accept deposits starting June 23rd. This integration addresses institutional demand for yield generation without exposing sensitive portfolio data to public blockchain ledgers.