I do like HBD stablecoin since it creates a PayPal-like payment system. Fast, no fees and almost pegged to the USD - much better than paypal.
The real utility comes when it is ACTUALLY implemented and vendors start accepting it as payment. The no-fee feature is what seems to appeal to the normal folk, but for a person in a country under US sanction, the existence of HBD does wonders when it is (again) implemented.
Simply logging into your paypal account from this area's IP results in a ban. No need to mention that Swift isn't available either. So HBD seems to be the only semblance of hope.
But your point stays rock solid cause... where are the vendors utilizing HBD?
I do know the only one that is @tommys.shop's project... we need more!
That is one. There are others. It is important to touch upon them all with HBD.
Posted Using LeoFinance Beta
That is right. Could you point me to some ideas regarding that? or rather what I'd need to search for?😅
I've been thinking about the implementation of bonds into the first layer, and I believe the idea was touched on and presented a couple of times in the past months. The problem is what would be held as collateral... maybe HP...?🤔 Could be interesting, imo.