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4y
tokens like DAI, UST, HBD that are backed by other crypto as collateral, and/or using conversion on chain operations to maintain the peg.
If you could answer, it would be awesome as I have a question: What could be a possible scenario when there could be a depeg with HBD?
Like if HIVE drops drastically or some collateral, something like this could effect HBD's USD peg?
RE: How Are Stablecoins Doing Under The Current Market Conditions? | A look at the top Stablecoins | Dec 2022