But if one sells USDT into Hive and then Hive into HBD this is a much more viable solution with lower risk.
Correct, this is how pegging should get better than it is. Doing this gives you an incredible return on USDT or USD of say 5% over a few days or 500% per year. If it takes longer than a few days to get back to $1 you can stake to savings and get 20% while you're waiting which is also very attractive.
The problem is just that we're relatively unknown and our exchange pathways are limited and tenuous.
Still, it's not that bad. Not even 36 hours after your post and it's back to 0.995.
I was hoping we'd see people stop going into freak-out mode on every dip but I guess that's wishful thinking.