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Kamino Finance enables borrowing USDC using bridged Zcash (ZEC) on Solana.

Protocol Fundamentals
07 Sep 2026
Crypto Briefing
View Source
Bullish
Kamino Finance enables borrowing USDC using bridged Zcash (ZEC) on Solana.

Kamino Finance has launched a new borrowing market on the Solana blockchain that allows users to use bridged Zcash (ZEC) as collateral to borrow USDC stablecoins. This move expands Kamino's lending platform into non-native and privacy-focused assets, leveraging cross-chain bridges to bring ZEC onto Solana. The platform isolates ZEC collateral risk in a dedicated pool, enabling tailored loan-to-value ratios and liquidation rules to manage volatility. Additionally, Kamino's Multiply feature lets users amplify their ZEC exposure through automated leverage without needing centralized exchanges. This development marks a step forward for integrating privacy coins like Zcash into decentralized finance, which has historically lagged due to regulatory concerns.

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