Well the Peg Broke and it‘s still somewhat around 1Buck. I feel like BUSD is working wonders, maybe we should trust CEXs to handle the emission of stable coins with actual reserves in the pegged asset and meanwhile on the other front let algo coins depegg with grace. If there is an algorithmic force pulling with a linear strength all the time, that makes them at least very sufficient for 98% of DeFi Applications.
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Pegs break all the time so this is not exclusive for stablecoins or cryptocurrency.
The key is to keep building and expanding. As we add more utility to HBD, it can start to expand in ways few considered.
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That conclusion is very good, I wonder how much of the stabilization can be done be the internal market eventually. It is extremely fast and doesn’t burn Hive or HBD in the process, that is a unique pro.