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avatar of @forexbrokr
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@forexbrokr
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The speed that Terra is expanding right now is wild.

They still have so much momentum behind them and already I'd say UST is clearly the best stablecoin.

Adding the ability to be used on Cosmos is just another feather in their cap.

UST and HBD: Your comparison to Hive Backed Dollars at the end is interesting too.

Just like UST, HBD's makeup means it has the power to avoid the regulatory scrutiny that we're seeing Tether and the like come under.

Will this be yet another lost opportunity for Hive?

Or can we afford to just sit back and wait for everyone else to be regulated out of the market and then just presume a defacto position as a go-to stablecoin?

Lol, Hive.

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