The full form of $USDD is "United States Dollar Depeg"
Justin Sun is a known scammer!
He scammed Steem community which forked out and formed HIVE. Hive has a truly decentralized stablecoin $HBD that works.
It's obvious which one is the clear winner between HBD and USDD. We just need to push this narrative to the wider crypto community.
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How is HBD stable? It’s got the same issues. I’m team Hive all the way but HBD is not a good stablecoin. It will not sustain 20% rate. We should focus on Hive not HBD.
HBD is fairly stable on the internal exchange. That is where it is most liquid (and still not very). The price feeds on Coingecko come from Bittrex (absolutely no volune) and Upbit (completely closed exchange outside of S. Korea).
The 20% rate not being sustainable is completely false. If you want more stability, the supply is going to have to increase drastically. There is only 25 million or so HBD in existence. That is going to lead to a lot of volatility.
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“ There is only 25 million or so HBD in existence. That is going to lead to a lot of volatility.“
Exactly, meaning it’s not stable.
Much different approaches. Yes you are right that Sun is a scammer so that has to be taken into account. He has no intention on trying to create something successful. That is not true on Hive since there are many working to make things effective regarding HBD.
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