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RE: LeoThread 2023-11-15 16:21

in LeoFinancelast year

If HBD is a stable coin then why does the price fluctuates ? Should not it be always equals 1 USD.

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It's only soft-pegged... Its price depends on what the community's supply and demand lets its price be. Always expect 5% margin of error with soft-pegged assets.

USDT is technically a hard-pegged asset backed with actual dollars.