SteakhouseFi’s USDG Vault becomes Morpho’s largest vault by deposits

Robinhood Crypto said in a post on X that the USDG Vault operated by SteakhouseFi has become the largest vault on Morpho by deposits. The vault, which supports Robinhood Earn, now holds more than $456 million in deposits. The update identifies USDG Vault as the top Morpho vault by deposited assets based on the figures cited by Robinhood Crypto. No additional operating details or timeline beyond the platform post were disclosed in the newsflash.