According to Initia's social media disclosure, Ethena announced a strategic partnership with blockchain network Initia, and its stablecoin USDe will be integrated into the Initia ecosystem. The partnership involves three main aspects: First, it will establish an incentivized INIT-sUSDe native liquidity pair, providing Ethena rewards, INIT pledge rewards, and exchange fees for liquidity locations; 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.