Khal talked about it and we saw it coming true. The pHBD-USDC liquidity pool is here. We now have access to the Hive blockchain from Polygon. This could end up being a bridge that we sorely need.
The was a USD is now live announcement put out that details all that is taking place.
This was followed up by a video by 
Earlier we saw the Witnesses raise the HBD interest to 20%. This was a big step and puts the coin in competition with any of the top stablecoin returns. The best part is this resides on the base layer and is not a second layer application.
For those who indulge in the study of cryptocurrency, you will know that stablescoins are all the rage. While some might believe this is a passing fad, kind of like the ICO craze, I can assure you this is not the case. In fact, the entire future of crypto-economics is going to be built, to a great degree, on stable coins.
Many feel that other coins are the game changer. They are not. We have seen how they emerged. For the most part, they are akin to high growth stocks. They are wildly volatile and most are used for speculation purposes. There is nothing wrong with that for it serves a tremendous purpose. After all, we know tokenization is the future of ownership models. It is also what will allow us to enter into structures such as DAOs.
That said, much of the financial world is based upon stability. When it is lacking, things are screwed such as the Great Financial Crisis. Here we can see how stablecoins are vital.
Stablecoins offer versatility, creativity, and the ability to expand. They can be the foundation for growing an economy. Ultimately, to provide a legitimate replacement to the existing financial system, we have to build genuine economies. This means commerce.
As we saw, this simply does not take place outside the stablecoin realm. That is perfectly alright since we can still develop a lot of tokens to serve different purposes. There really are no limitations.
However, when it comes to business purposes, most are going to opt to operate with stablecoins.
There is a lot of interest surrounding HBD at the moment. Even tonight, we got HBD Partial Insurance with BTC - Proposal to Print 1M USD of Hive put out by the 
Again, when we start to consider the possibilities with HBD, the ideas do start to flow. If we are going to take on the banking system, we have to operate at levels they went to. After all, they built the most powerful system in the world, even more powerful than governments. It is no surprise that the international banking system is running the world.
For that reason, we can utilize what they did and build an equally powerful system. If taking over the world is out goal, to give it back to humanity, then we are best to copy this.
The excitement surrounding HBD is warranted. While there are issues that people are working upon, we can see the future. Ponder for a few minutes some of the potential that you can see. Think about time locked assets and how many opportunities that generates. Consider how people with HBD are start putting that value to work, even while staked. It opens up an entirely new world of financial innovation.
For example, without giving too many details away, how about some of this integrated through gaming? What can be achieved there?
I can assure you, it is much easier to innovate a stablecoin like HBD than it is HIVE.
People still discuss inflation and the return being too high on HBD. To me, this shows a misunderstanding of how large these markets truly are. Some that I am targeting are dealing in the tens of trillions. That means we are going to need hundreds of billions of HBD to be legitimate operators.
This is a point that will become more evident as some of these ideas start to roll out. We know the correlation between HBD and HIVE. Certainly there is the conversion mechanism which can turn HBD into HIVE. The reality there is very few people will use that if HBD becomes a legitimate stablecoin. With use cases, especially in enormous markets, there is no need to convert it.
For now, we have very little reason to use HBD. The opportunities are almost non-existent. This is something that could change. With the 20% return making on-chain savings of HBD a legitimate choice along with the Leofinance team trying to address liquidity, we have the start of laying the foundation for a lot more development.
There are a handful of people focusing upon this at the moment. That will grow as we keep rolling things out. The key is to present ideas and talk about them. Here is where something gets tossed out which someone else runs with.
If all goes well, we will spend the rest of 2022 on the quest for the first 1 billion HBD.
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