According to ChainCatcher's message, Initia has disclosed on social media that Ethena has announced a strategic partnership with the blockchain network Initia, and Ethena's stablecoin USDe will be integrated into the Initia ecosystem.

This collaboration includes three main aspects: first, an incentivized INIT-sUSDe native liquidity pair will be established, providing Ethena rewards, INIT staking rewards, and liquidity position swap fees; second, Ethena will provide rewards for Initia ecosystem applications that use its assets as core components, including full-stack applications such as Cabal, Echelon, and Rave; third, Ethena will invest in the Initia ecosystem, starting with Echelon.