Tangenting a bit, we see the effort to strengthen the peg of HBD to 1 USD through the use of DHF. Is this move being done as a part of that effort, to try and incentivize people to hold HBD rather than speculate on it?

I believe so, the main goal is to push the price action to the Hive token.

It seems that we could really use a stablecoin on Hive, which, if my understanding is correct, was the original intention of HBD.

HBD is a debt instrument (a promise you can trade it in for $1 worth of Hive on some future date of your choosing). It's goal was to be a stable coin, offering a solid solution for commerce related activities. For example if I sell a blue widget that I feel is worth $10, I know I can sell it for 10 HBD and don't need to worry about price. When HBD does not hold closely to $1, that goes out the window.

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