Crypto
Tether invests in Dreamcash parent as Hyperliquid expands RWA perpetual futures
Tether has invested in the parent company of Dreamcash, a Hyperliquid-based mobile interface, The Block reported on Feb. 13. The investment came shortly after Selini Capital, Dreamcash and Tether launched collateral-backed RWA perpetual futures using USDT0, an omnichain version of USDT. Dreamcash said on X that millions of USDT holders had no direct way to access Hyperliquid markets. Hyperliquid has used USDC as base collateral for perpetual futures and is preparing its own stablecoin, USDH.