Steakhouse Confidential Prime USDC (steakcUSDC) stablecoin analytics
Answer First
What is Steakhouse Confidential Prime USDC (steakcUSDC)?
steakcUSDC is Steakhouse's public USDC vault share behind a confidential deposit surface; withdrawals use liquid USDC and losses reduce NAV. The static profile records its USDC-denominated NAV accounting mechanism as: ERC-4626 shares accrue net USDC lending interest and realize losses at NAV.
Is steakcUSDC safe?
Pharos does not mark steakcUSDC as absolutely safe. Static metadata says Steakhouse Confidential Prime USDC uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Steakhouse Confidential Prime USDC (steakcUSDC) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg USDC-denominated NAV.
Variant Relationship
Steakhouse Confidential Prime USDC (steakcUSDC) is modeled as a strategy vault variant of USD Coin (USDC). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated Oct 2, 2026
Steakhouse Confidential Prime USDC here identifies the public ERC-20 steakcUSDC vault share, not a separate confidential receipt. Zama's confidential deposit surface routes into the Morpho lending strategy, whose reviewed public vault holds USDC lender positions against blue-chip crypto collateral. Deposits into this public vault use a whitelist gate, while share transfers and direct withdrawals have zero gates whose setters are abdicated.
- Collateral
- USDC in the Steakhouse-curated Morpho Vault V2 on ethereum, held idle or lent through its MorphoMarketV1AdapterV2; borrower collateral and credit losses remain local strategy exposure
- Peg Mechanism
- ERC-4626 shares accrue net USDC lending interest and realize losses at NAV. Ordinary withdraw/redeem uses idle USDC and the configured liquidity adapter, subject to liquidity; force-deallocation and in-kind exits are separate, not guaranteed dollar settlement
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Ethereum.
Next Actions
Exact bot target: /subscribe dews,depeg,safety steakcusdc-steakhouse
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Oct 2, 2026.
steakcUSDC quick answers
What is Steakhouse Confidential Prime USDC (steakcUSDC)?
steakcUSDC is Steakhouse's public USDC vault share behind a confidential deposit surface; withdrawals use liquid USDC and losses reduce NAV. The static profile records its USDC-denominated NAV accounting mechanism as: ERC-4626 shares accrue net USDC lending interest and realize losses at NAV.
Is steakcUSDC safe?
Pharos does not mark steakcUSDC as absolutely safe. Static metadata says Steakhouse Confidential Prime USDC uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs steakcUSDC?
Pharos classifies steakcUSDC backing as Crypto-Collateralized. Collateral, per the static profile: USDC in the Steakhouse-curated Morpho Vault V2 on ethereum, held idle or lent through its MorphoMarketV1AdapterV2; borrower collateral and credit losses remain local strategy exposure Reserve evidence: live reserve feed configured.
Can steakcUSDC be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for steakcUSDC, when applicable, appear in the dossier below.
