Usdt is the same thing as fednotes, not even different owners, according to my sources.

Hbd pegged is a unicorn of our own making.
An overbacked stable coin that you trust only your own ability to not lose your keys to secure your coin, and not a third party, or several third parties, that can rug pull you.

Hbd is genius, if we can make it work.
Won't you like being a stakeholder in a world reserve currency?
We don't have to drain off even 1% of commerce to make us all the new snobs.

So, yes, hbd is an important feature of this game.
Once it breaks the various fed coins, maybe we can do away with monetary score cards entirely and just all work together in one big happy family, eh?

Now ask yourself, 'Who programmed me to reject that idea out of hand?'.