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Tether Invests in Supreme Liquid Labs to Support Dreamcash USDT-Collateralized RWA Perpetuals

Stablecoin issuer Tether has made a strategic investment in Supreme Liquid Labs, the parent company of Dreamcash, Hyperliquid's mobile frontend, ChainCatcher reports citing The Block. Dreamcash recently launched ten USDT-collateralized real-world asset perpetual markets on Hyperliquid using the permissionless HIP3 standard, with liquidity provided by Selini Capital and exposure to the S&P 500 index, gold, silver, and single stocks including Tesla, NVIDIA, Google, Amazon, Meta, Robinhood, Intel, and Microsoft. Tether's funding will help sustain Dreamcash's weekly $200,000 incentive program for its CASH markets, where rewards are allocated based on users' USDT trading volume share. Dreamcash has not disclosed the investment size and stated the initiative aims to lower entry barriers and encourage early participation.
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