Tether makes a strategic investment in Supreme Liquid Labs, the parent company of Hyperliquid's front-end Dreamcash.

PANews reported on February 14th that, according to The Block, stablecoin issuer Tether has made a strategic investment in Supreme Liquid Labs, the parent company of Dreamcash, the mobile interface of Hyperliquid. Dreamcash recently deployed 10 USDT0-collateralized real-world asset (RWA) perpetual contract markets through Hyperliquid's HIP-3 permissionless standard. Liquidation for these markets is provided by Selini Capital, covering commodities such as the S&P 500, gold, and silver, as well as stocks like Tesla, Nvidia, Google, Amazon, Meta, Robinhood, Intel, and Microsoft.

Tether's investment will support Dreamcash's $200,000 weekly incentive program for its CASH market, distributing rewards based on users' USDT trading volume. Dreamcash did not disclose the specific amount of the investment, stating that the program aims to lower the barrier to entry for users and incentivize early participants.