TLDR
- Tether invests in Dreamcash to extend USDT0-backed equity markets.
- USDT0 enables traders to access Hyperliquid without asset conversion.
- New markets include S&P 500, commodities, and major stocks like Tesla.
- A $200,000 weekly incentive program boosts early adoption of USDT.
Tether has made a significant investment in Dreamcash, a mobile platform for Hyperliquid, marking an important development in the expansion of its stablecoin-backed trading infrastructure. This move comes after the introduction of the first HIP-3 perpetual markets powered by USDT0. These markets are designed to facilitate trading in equity and commodity markets, offering a new way for users to interact with stablecoin-backed assets.
NEW: TETHER INVESTS IN HYPERLIQUID FRONTEND DREAMCASH, OFFERING PERPS MARKETS FOR TSLA, GOLD AND MORE USING USDT0 COLLATERAL – THE BLOCK
SOURCE: https://t.co/K6vRNZZIRf pic.twitter.com/3Xattd5tyI
— DEGEN NEWS (@DegenerateNews) February 13, 2026
The collaboration between Tether, Dreamcash, and Selini Capital enabled the launch of perpetual markets tied to major indices and commodities. These markets are designed to give users exposure to assets like the S&P 500, gold, silver, and top technology stocks such as Tesla, Nvidia, and Google. By settling these contracts in USDT, the platform allows traders to engage in non-custodial, decentralized markets.
The Role of USDT0 in Facilitating Trading
One of the key components of this initiative is USDT0, Tether’s unified liquidity network built on LayerZero’s OFT standard. USDT0 is a cross-chain stablecoin designed to support fast and efficient transfers across multiple networks.
Launched in January 2025, USDT0 has quickly gained traction, processing over $50 billion in cumulative transfers across 15 different blockchain networks. This success has positioned it as a leading solution for stablecoin liquidity, enabling traders to engage with decentralized platforms more seamlessly.
Before the introduction of USDT0, users needed to bridge or convert assets to participate in Hyperliquid markets. With USDT0, users can now transfer their funds from centralized exchanges into non-custodial wallets without altering their unit of account, maintaining the value pegged 1:1 with USDT. This development significantly improves accessibility for USDT holders, making it easier for them to access diverse financial markets.
Expanding Equity and Commodity Markets with Major Stocks
The new HIP-3 perpetual markets introduced by Tether and Dreamcash offer exposure to a wide range of financial assets. These include major equity markets like the S&P 500 index, alongside individual stocks from prominent companies such as Tesla, Nvidia, Amazon, Meta, and Microsoft. Commodities like gold and silver are also available for trading, providing users with diversified options to participate in the markets.
This expansion reflects Tether’s commitment to growing its presence in the decentralized finance (DeFi) space by supporting a broad array of assets. The ability to trade in equity and commodity markets using USDT0-powered perpetual contracts represents a significant milestone in the evolution of stablecoin-backed financial products.
Incentive Program to Support Early Adoption
To drive early adoption of the new markets, Tether, Dreamcash, and their partners have introduced a weekly incentive program. The $200,000 reward pool is aimed at encouraging users to trade in the CASH markets using USDT. This program will distribute rewards based on the share of total trading volume generated by each participant, offering an additional incentive for traders to engage with the new system.
This initiative is designed to boost liquidity and participation in the USDT0-powered perpetual markets, ensuring a smooth rollout as more users join the platform. It is expected that the incentive program will play a critical role in the early stages of market adoption and expansion.




