Zama, Morpho, and Steakhouse Financial will launch the Steakhouse Confidential USDC Prime Vault on Ethereum, claiming it to be the first DeFi revenue product aimed at securing USDC stablecoins on Ethereum. The vault will open deposits through the Zama application on June 23, allowing institutions to earn profits based on encrypted USDC balances without exposing balances, transaction amounts, or strategies on the chain. This product is built on Zama's fully homomorphic encryption cUSDC and the Morpho lending infrastructure. cUSDC can be directly converted from standard USDC on Ethereum without the need for a cross chain bridge. （The Block）https://(wublock123.com)/news/zama-morpho-steakhouse-private-usdc-yield-vault-ethereum-62961