If you change the peg overnight
Did someone say something about changing the peg overnight?
Why would be it overnight?
Changing the peg would only happen given the systemic failure of USD stability.
Which means there is some exponentially more stable asset we could peg it to.
Which asset would that even be?
Like I said, even in the case of USD instability, the yield can be modified to make the value proposition of HBD more stable than USD. USD is losing too much value too fast? Just increase the yield to HBD. Now HBD is more stable than USD.
We can't bet on something that's never going to happen, so I won't be locking money into a contract to rot.