I still think HBD needs more use cases but I think we are plenty different from UST. The same issues won't happen and the 5% fee from Hive to HBD would shave off a decent amount off of people looking to scrape the pool. At the same time, the conversion takes 3.5 days and there is some collateral for Hive -> HBD.
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HBD already has all the use-case they need.
That is, they're US dollars that can't be touched by a third party.
Permissionless money.
HBD doesn't need use-case, it needs liquidity and more on/off ramps via DEXs.
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What I meant by use-cases was people using it as a stable coin to buy or sell things. I guess it could be said to be an offramp for it but HBD doesn't seem to extend outside of the Hive ecosystem right now.
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