Why not just make CHBD
Canadian Hive Backed Dollar
There is about 2 or 3 liquidity pool protocols around, uniswap being the most popular
We could start a trend and get more international currencies their own Hive Stable coin.
The liquidity from the pool of Leo and Hive you speak of would be a good start to a liquidity pair, I just have no idea how much maintenance one of those erc20 tokens would cost to peg to hive.
There is also the Ren protocol which is less common renZEC and renBTC are both on it.
explainer post, we can create a Diesel pool smart contract that will trade the token against other Hive-Engine tokens.This is a great idea @phusionphil I was hoping someone would suggest something like this. Reading @aggroed 's