RE: Hive Backed Dollar (HBD) Is Becoming A Stablecoin

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Remember, there is now the opportunity to convert Hive to HBD and sell the HBD so everyone can quickly start converting and selling at a profit which should quickly push HBD the price down.



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That is very true. We are now seeing the ability to offset price moves on both sides.

We didnt have that before. Arbitrage can help to offset what the price action is doing.

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