Having a true stablecoin on Hive would add a dramatic amount of utility to the Hive blockchain. Not only would it allow the blockchain to "capture" assets and keep them here, it would also open the door to possibilities like having a CUB/HBD farm and potentially paying both CUB and HBD in dividends, thus tying Leo/Cub even more closely to Hive. That is just one example of the utility it could provide. Once LeoDex/TribalDex/Hive-Engine are able to engage in meaningful trading of some of the bigger and more well known cryptos out there, having HBD as a stablecoin could again add enormous value and utility to the exchanges. I have absolutely NO idea of how to make it work but I firmly believe it is a goal worth striving for.

I would think it could also make it possible to start onboarding fiat directly into Hive and tribes. Not sure what else would be involved there but that could be a game-changer as well. Definitely worth paying attention to see where this goes.

Posted Using LeoFinance ^Beta