RE: HBD: The "Safe" Stablecoin?
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It is interesting. Since Stable coins are being targeted by the FED I wonder if HBD is unique enough to stay out of the spotlight of this negative targeting? Instead of a physical asset like FIAT USD or Gold I believe HBD is fully backed by the price of Hive or crypto currency in general?
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HBD is far too small to even be anywhere near the spotlight of the Fed or any other regulator. With 10 million, and most locked in the DAO, it isnt much of a token from their point of view.
The peg for HBD is $1 worth of Hive. So yes it is backed by Hive. Anyone can go and convert it for Hive at any time.
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