Any peg can break. There is nothing that sets the peg other than markets.
The key is to make the stablecoin as resilient as possible. This is a multi-pronged approach.
One thing we are seeing is that both pHBD and the internal exchange are holding the peg rather well. The external exchanges, which show up on coingecko, not so well.
That is why in my comment I mentioned getting the bHBD pool going on BSC. Even if it doesnt have a ton of liquidity, it will be another pillar providing resiliency.
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makes sense, although the chart on coingecko looks still better than $UST 😂
that project got rect amd is basically backed by a billionaire. Do Kwons twitter is going nuts right now.