Institutions can finally just lie back on-chain to collect yields without having to risk exposure. Zama’s privacy USDC vault is something.

ZAMA-1.38%
USDC0.01%
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WuSaidBlockchainW
Wu reported that Zama has announced that $13 million has already been deposited into a brand-new yield vault on Morpho that accepts private USDC (cUSDC). The vault’s credit strategy is curated by Steakhouse Financial, aiming to help institutions capture DeFi on-chain yields while providing complete privacy for account balances, holdings distribution, and trading strategies.
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