TechFlow News — On March 15, according to disclosures on Initia's social media, Ethena has announced a strategic partnership with blockchain network Initia, under which its stablecoin USDe will be integrated into the Initia ecosystem.
The collaboration encompasses three key aspects: first, the establishment of an incentivized native liquidity pair INIT-sUSDe, offering Ethena rewards, INIT staking rewards, and trading fees for liquidity providers; second, Ethena will provide rewards to Initia ecosystem applications that utilize its assets as core components, including full-stack apps such as Cabal, Echelon, and Rave; third, Ethena will invest in the Initia ecosystem, starting with Echelon.
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