Crypto
Zama, Morpho to launch stablecoin yield product without balance disclosure on June 23
Crypto infrastructure firm Zama, DeFi protocol Morpho and asset manager Stakehouse Financial are launching a DeFi product on Ethereum for the confidential USDC stablecoin. The Stakehouse Confidential USDC Prime Vault allows holders of Zama’s cUSDC token to deposit directly into Morpho’s existing Stakehouse USDC Prime Vault without exposing balances, transaction amounts or strategies on-chain. Deposits begin June 23 via the Zama app.