RE: The Stablecoins Market Cap Keeps Increasing! | Historical Data On Market Cap In 2021
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Just for context the market cap of HBD at the moment is around 15 million, excluding the DHF supply. If we compare this to the billions for the top stablecoins, we can see the potential.
Hive Backed Dollars is honestly the most underrated part of the Hive ecosystem.
We need to be doing all we can to put HBD into a position to compete with the stablecoins on your list.
FUD from governments going after collateralised stablecoins is stupid when we already have algorithmic solutions like UST and HBD.
Who says Hive can't take some of that market share with HBD?
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I totaly agree :)