It is supposed to improve the peg but it also creates another use case for HIVE since having HIVE allows you to create HBD when you can sell the HBD for more than $1 (plus a fee of $0.05, so actually $1.05).
So perhaps this will have interesting effects on the demand for HIVE, perhaps not. We'll see I guess.
i missed the $0.05 thing. Thanks