Always crazy to look at HBD. Because I don't see a real demand for it.
But it is a secure bet for them to purge out the market and dip it over time back. Because where is the risk buy at 1$ ( longterm)?
And this is an attack vector, that wouldn't be there with supply on demand (collaterals/loans).
BTW, how fast will conversations work from HIve to HBD? 24 hours?
RE: HBD still well above the peg.