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RE: Binance makes the obvious BUSD play.

in LeoFinance2 years ago

But at the same time we have to wonder if Binance is struggling and this is a sign of that strain. Considering they were buying out a bunch of companies going under during the crash I kinda doubt it, but you never know.

This is something that nobody considered. I believe people trust the Binance Fund that they have for emergencies.

Unfortunately, I think this bodes very ill for any kind of possible HBD listing in the future. No way to get HBD listed on Binance now with something like this happening.

HBD is closer to be a stablecoin used by dApps rather than a stablecoin listed on top-tier exchanges IMHO. As the peg scaffolded, we may see better adoption of it on Hive and WAX blockchain-based projects ✌🏼

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The importance of being listed on centralized exchanges is diminishing. With regulation, the primary targets will be exchanges.

I prefer we keep expanding HBD (the derivatives) liquidity pools. That is where we can really provide liquidity and accessibility for people. There is always something to swap into that can be run through an exchange to get to/from fiat.

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Agreed. The future is all about DeFi. Who said that? 😀

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I would prefer that HBD stays mostly internal to Hive for now. Not forever mind you, but for now.

Let it grow and mature at home before going out into the wild world :-)

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