As part of efforts to advance decentralized network execution and cross-chain transfers, Phoenix Finance, a stablecoin-focused DeFi protocol, today entered into a strategic alliance with ENI Blockchain, an enterprise-grade, high-performance modular Layer-1 blockchain designed to drive mass commercial adoption. With the collaboration, Phoenix Finance integrated ENI’s high-performance interoperability Layer-1 blockchain to deliver seamless cross-chain asset movements and real-time sophisticated trading executions (settlements), seeking to drive institutional participation on its AI-driven RWA yield stablecoin protocol.
Phoenix Finance is an RWA-backed yield-focused stablecoin protocol that aims to address the structural challenges of idle DeFi assets and fragmented liquidity by transforming inactive RWAs (real-world assets) into active, yield-generating capital. By leveraging artificial intelligence, Phoenix Finance turns asset-backed stablecoins (PUSD, auto-compounding savings (yPUSD), and fixed-income notes (PYN) into high-yield on-chain capital, merging real-world yields, liquid assets, and decentralized settlement into a unified ecosystem.
🚀 ENI x Phoenix Finance | Official Collaboration@ENI__Official partners with @Phnx_fi, an RWA-driven yield-bearing stablecoin protocol turning real-world cash flows into composable on-chain yields through AI.
— ENI (@ENI__Official) April 20, 2026
With PUSD, yPUSD, and PYN, this collaboration advances capital… pic.twitter.com/dwP7mm9hOj
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