Putting all the love for HIVE aside..
HBD is sort of like stablecoin but not really. For big dollar amount a stablecoin needs to be liquid and convertible to the referenced currency easily and cheaply.
For our day to day in this community, sure it works as we internally arbitrage it back to the market value, sort of.
It may eventually work when there are cross chain adoption and more volume and real time arbitrage to keep the value at $1, a much larger marketcap and volume will be required for the stability and liquidity.
It is a work in progress. As stated, we need liquidity, depth, sophistication, and infrastructure.
The last part is something people are working on. Of course, there needs to be a lot more than that but it is a first step.
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