Tether is investing within the mum or dad firm behind Dreamcash, a cell interface constructed for Hyperliquid, marking its newest push to broaden stablecoin backed buying and selling infrastructure into onchain fairness and commodity markets.
The funding follows the launch of the primary HIP-3 perpetual markets collateralized with USDT0, launched by way of a collaboration between Tether, Dreamcash and Selini Capital.
The dwell lineup contains perpetual contracts tied to the S&P 500 index, commodities corresponding to gold and silver, and single inventory publicity together with Tesla, Nvidia, Google, Amazon, Meta, Robinhood, Intel, and Microsoft, all settled in USDT.
The brand new markets are constructed on USDT0, Tether’s unified liquidity community based mostly on LayerZero’s OFT customary. Since launching in January 2025, USDT0 has processed greater than $50 billion in cumulative transfers throughout 15 networks, positioning it as a quick rising cross chain stablecoin infrastructure.
Till now, USDT holders couldn’t immediately entry Hyperliquid markets with out extra bridging or asset conversion. USDT0 maintains a 1 to 1 peg with USDT by way of a lock and mint construction, enabling merchants to maneuver funds from centralized exchanges into non custodial wallets with out altering their unit of account.
To assist early adoption, the businesses will introduce a $200,000 weekly buying and selling incentive program for CASH markets utilizing USDT. Rewards will probably be distributed based mostly on share of complete USDT buying and selling quantity throughout the preliminary launch part.
