Like you said, the government and regulatory bodies can't control sharing of file, especially when it's pair to pair and totally seamless. Truth is, stablecoin might feel like a direct threat as people might see more need to store their wealth with stablecoin rather than fiat.
To me, HBD is definitely doing well, we will wait to see to terrible dip in the market to see if it will withold. For now, it's doing well.
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Yeah we havent seen it respond to major moves yet. This push higher in the markets is a nice test for HBD. It seems to be holding pretty strong, the peg that is.
We will see how the next few months go.
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You're definitely correct, I think it's about waiting to see the test of time on the peg..
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