What Steakhouse Financial is
Steakhouse Financial is a crypto credit firm that curates onchain lending vaults and builds stablecoin yield products for fintechs, exchanges and asset managers.
About Steakhouse Financial
The company describes itself as "the credit stack for the stablecoin economy," linking stablecoin lenders and borrowers through onchain products. It publishes market research through its Kitchen newsletter.
Products & Initiatives
It lists four lines of work: white-label stablecoin and yield products for apps and exchanges, risk-curated vaults for treasury and fund capital, advisory work on strategy and underwriting, and underwriting credit strategies that raise onchain and institutional capital. It says it curates vaults on Morpho, Kamino and other platforms.
Partnerships
It curates Coinbase Lend, the onchain yield product on Base (/tags/base-blockchain) that runs on Morpho. It also curates Earn+, launched by Ethena Pay (/tags/ethena-pay) in October 2026. Earn+ deposits go to an Avalanche vault built on Upshift (/tags/upshift) that supplies USDe on Aave (/tags/aave), borrows USDT against it and uses that to buy more USDe.
Network · Not yet mapped
The record
Every dated thing we know · Nov 2026
