RE: pHBD is 1:1 Backed with HBD On the Hive Blockchain | Mechanics Deep Dive
The only risk I can see here is USDC going tits up in whatever backing mechanism they use.
Anyway, this is still a big opportunity to earn near risk free interest on your HBD.
RE: pHBD is 1:1 Backed with HBD On the Hive Blockchain | Mechanics Deep Dive