according to Initia's social media disclosure, Ethena announced a strategic partnership with the blockchain network Initia, and its stablecoin USDe will be integrated into the Initia ecosystem.

This collaboration includes three main aspects: first, establishing an incentivizing INIT-sUSDe native liquidity pool, providing rewards for Ethena, INIT staking rewards, and exchange fees for liquidity positions; second, Ethena will provide rewards for applications in the Initia ecosystem that use its assets as core components, including Cabal, Echelon, and Rave among others; third, Ethena will invest in the Initia ecosystem, starting with Echelon.