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RE: HBD As One Of The Top Stablecoins

in LeoFinancelast year

In principle, everything stands good for HBD. But we relly need to reassure that it has the perfect characteristics of a stable coin and not a kind of mild speculative coin, even though it benefits many, in fact, the safest bet is always HBD in comparison to Hive. Because in the long run HBD value is indeed 1 USD or better but in the short run, it keeps hovering around ! USD, sometimes below 1 USD. Even a stablecoin with +/- 5 % deviation is huge. That may not qualify for a stablecoin. But yes, it has all other attributes in good standing with the principle of decentralization. Even the mainstream stablecoin would one day suffer from inner contradictions. So we can say HBD has a bright future to replace those coins in future and it may establish itself as stablecoin, but it has a long way to go.