Zama, Morpho and SteakhouseFi open confidential USDC yield venue June 23 on Ethereum, enabling private onchain earnings for cUSDC holders.

According to @1HowardWu, privacy-enabled tokens will catalyze a major migration from centralized finance to decentralized finance as businesses adopt private tokens by default, source: @1HowardWu on X, Nov 10, 2025. @1HowardWu stated that if private coins are not accepted by CeFi venues, businesses will move activity to DeFi, source: @1HowardWu on X, Nov 10, 2025. The author called this a significant opportunity for new DeFi projects to expand total value locked and market capitalization, source: @1HowardWu on X, Nov 10, 2025. The post also directly challenged Binance leadership, highlighting competitive pressure on centralized exchanges as privacy adoption rises, source: @1HowardWu on X, Nov 10, 2025.