Polygon, Ethena, and Nethermind Join Enterprise Ethereum Alliance to Boost Institutional Adoption

Polygon, Ethena, and Nethermind have become members of the Enterprise Ethereum Alliance (EEA) to enhance Ethereum's institutional infrastructure and adoption. According to NS3.AI, Polygon is focusing on expanding its stablecoin payments and on-chain financial services. Meanwhile, Ethena's synthetic stablecoin, USDe, has quickly reached a total value locked (TVL) of $10 billion. Nethermind contributes by providing essential Ethereum execution-layer infrastructure. The EEA aims to foster collaboration among enterprises, infrastructure providers, and protocol teams to address the needs of regulated, large-scale deployments.