Tether Invests in Hyperliquid Mobile Entry Dreamcash Parent Company

BlockBeats News, February 14th, stablecoin giant Tether is investing in the parent company of the Hyperliquid mobile entrance Dreamcash.

This move comes as the first batch of real-world asset perpetual contract markets collateralized with USDT0 are launched on the popular DEX Hyperliquid. According to Friday's announcement, these markets are launched in collaboration with Selini Capital, Dreamcash, and Tether. These markets include:

· Stock indices such as the S&P 500· Commodities such as gold, silver· Individual stocks such as Tesla, NVIDIA, Google, Amazon, Meta, Robinhood, Intel, Microsoft

Tether's investment will be used to support Dreamcash's CASH market's $200,000 weekly incentive program, where traders can be rewarded based on their "share of total USDT trading volume." Dreamcash did not disclose the specific amount of Tether's investment.