Tether backs Dreamcash for USDT0 perpetuals on Hyperliquid

As reported by The Block, Tether has made a strategic investment in Supreme Liquid Labs, parent of Dreamcash, to support the launch of USDT0‑collateralized perpetuals on Hyperliquid via HIP‑3. The report also cites a US$200,000‑per‑week incentive for Dreamcash's CASH markets and names Selini Capital as the primary liquidity provider across RWA perps such as Tesla, Nvidia, gold, and silver.

Source: coincu.com

Related symbols: HYPEUSD