Thanks for the reply. I understand and agree with you, it's all about sell pressure, at some point everyone will sell, unless they want to plant the assets in the garden.
This is the theory, in practice the HBD businesses are all converting HDB to Hive and then to fiat but it may be different one day.
About the stabilizer I've also one doubt.
If more exchanges list HBD and HBD start having more liquidity, sell pressure, etc, it will not be a great pressure to stabilizer to keep the peg on internal market?
RE: HBD stabilizer update November 2023