In the recent days or weeks , we have seen how some stable coin have depegged from their actual price and causing most people to lose a lot of money. And this has cause a lot of fear in the mind of people.
Hive Backed Dollar HBD Which is a stable coin for Hive has shown what a stable coin should be despite its fluctuation in price still comeback to the price where it is pegged which is at $1.
Apart from the stability of HBD, it also shown how investors can move their HBD to savings and learn a lot from the it by earning 20% of interest in what is put in savings. With this interest more people have started putting their Hbd into good use as they earn 20% interest on their savings which serves as a passive income for them apart from the other activities performed on the hive blockchain.
This shows a big deal to be noticed and have more people and investors to join in the train of hive blockchain in the years to come of future.
Thanks for checking out my blog. Have fun on the blockchain.
Posted Using LeoFinance Beta