I would say that UST and Terra blockchain in general have achieved a very great feat this year. I think we should not directly compare UST to HBD because our HBD is really not a stablecoin yet and it has little or no use cases both within Hive and outside Hive.
I agree with you that we need more HBD but sadly, I can't tell how that can be achieved. But what I do know is that more use cases should be attached to our HBD. Equally, the conversion of HBD to Hive period should be looked into. 3.5 days is really really unattractive
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I agree about the conversion time. My presumption is that is a security feature. Perhaps that is not required or can be diminished as we see more HBD created.
The use cases are minimal, that is true. But we have to keep in mind that, until the HBD Stabilizer came along, few were even paying any attention to HBD.
Now it is getting the attention so we are moving closer. Not there yet but gaining on it.
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