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INIT to USDTB: Convert Initia to Ethena Labs (USDTB) Today

1 INIT = 0.055145 USDTB
INIT price updated 27 Aug 2026 · 16:47 WIB · USDTB price updated 27 Aug 2026 · 16:47 WIB

Cross rate: the INIT/USDTB value is the ratio of both assets' mid prices on the Pluang market, with no foreign-exchange leg. Indicative, not an execution rate.

The Initia (INIT) to Ethena Labs (USDTB) (USDTB) exchange rate is currently 0.055145 USDTB per 1 INIT. The value is computed from both assets' mid prices on the Pluang market and refreshed throughout the day. Use the calculator for other amounts, or open the reverse direction on the USDTB to INIT page.

See USDTB to INIT rate1 USDTB = 18.1341 INIT
Pick a crypto and a target asset to see the conversion
From
To
Amount
INIT
Conversion Result
0.055145 USDTB
1 INIT = 0.055145 USDTB · mid-price ratio
Indicative rate from the ratio of both assets' mid prices, not an execution price.
Live prices:INITINITUSDTBUSDTB

INIT/USDTB Chart

Daily price ratio of the two assets

INIT and USDTB Statistics

Trading activity and supply, with no currency denomination
INITInitia
Circulating Supply206,5M / 1B INIT
Trading Activity0% Sell | 0% Buy
Typical Hold Time19 Days
USDTBEthena Labs (USDTB)
Circulating Supply483,5M USDTB
Trading Activity0% Sell | 0% Buy
Typical Hold Time27 Days

INIT to USDTB Conversion Table

Conversion values for commonly searched amounts

INIT → USDTB

AmountResult
0.0010.000055145 USDTB
0.010.00055145 USDTB
0.10.0055145 USDTB
0.50.027572 USDTB
10.055145 USDTB
50.27572 USDTB
100.55145 USDTB

USDTB → INIT

AmountResult
0.11.8134 INIT
118.1341 INIT
10181.3411 INIT
1001,813.4111 INIT
1,00018,134.1108 INIT
10,000181,341.1079 INIT
100,0001,813,411.0787 INIT

Frequently Asked Questions

1 INIT = 0.055145 USDTB. The value follows both assets' prices on the Pluang market and moves throughout the day.
Pluang divides the Initia mid price by the Ethena Labs (USDTB) mid price on the Pluang market. The result is an asset-to-asset exchange rate, with no currency involved.
This page is a value calculator. To invest, you can sell INIT and buy USDTB in the Pluang app or via Web Trading, both available 24/7.
Each candle divides INIT's price components by USDTB's on the same day: open by open, high by high, low by low, close by close, then the range is normalized so the candle stays valid. This is the standard ratio-chart pattern. Intraday extremes are approximate because the two assets do not always move at the same moment. A line mode is also available.
This page prices INIT in USDTB, another crypto asset. For INIT in US dollars, euro, and 130+ other currencies, use INIT's foreign-currency conversion pages.

Crypto prices come from the Pluang market. Cross rates are computed as the ratio of both assets' mid prices. All values are indicative and are not an offer, solicitation, or investment advice.