You are viewing a single comment's thread from:RE: Tron's USDD just lost its peg! View the full contextsoyrosa (74)in LeoFinance • 2 years ago Do we even still have reliable stable coins?! Damn.
HBD?
DEC?
HBD was .83 yesterday, it works better than ever but not a serious stable coin with serious liquidity on exchanges. DEC is even worse, 0.008 today, bever seen it this low from 0.1 a few months ago :D
.83 - I'm amazed Hive is holding up so well.
I don't get who sells at those prices! ?
Right? Who does that? But HIVE has been a star so far indeed :-)
You can trade HBD immediately for 83c on the free market, making it 'depegged' sure.
But you're forgetting that you can always convert HBD for 1 USD worth of HIVE.
Not 83c worth of HIVE - ALWAYS $1 worth of HIVE.
Markets are irrational, but code is not.
HBD is working exactly as its supposed to.
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