RE: How Are Stablecoins Doing Under The Current Market Conditions? | A look at the top Stablecoins | Dec 2022

[dalz]

HBD can deppeg by design. I have posted about this many times, and most hivers are awere of this. Its called the haircut rule. If the hive debt reaches more than 30%, then HBD is no longer vallued at one dollar. This is a safe mechanisam to prevent UST scenario. When market improves and the debt ia lower, then hbd will be valued at one again.