I think there could be some cool things related to reoccurring payments, interest and a few different ways different platforms could go about utilizing HBD. Just imagining that they could loan out x amount, have the HBD interest payouts set up as reoccurring payments in some way. Outside of HBD losing its value or interest rate tanking it’s like a guarantee they would get their money back.
The issue I keep running into is HBD deviates just a bit too much off $1 outside of our internet markets. The markets lose their minds when a stable coin is just 1 cent off in either direction or less.
The other issue is and why I feel many companies will not want to go near HBD is the US requirements for stable coins which is just utter insanity. While many will argue we are a decentralized community and such regulations can’t be enforced on us. Companies do not want to play in the sandbox like that.
People are so fearful of those requirements that I’m starting to see coins in different blockchain games try and register; along with, stay compliant with SEC of all things. At this point is just pure insanity when you just want to play a game and they require tax information about you. If that is the degree games are willing to go I hate to think what a Robinhood would do.
HBD just lacks checking off enough boxes for large companies that have had too many run-ins with the SEC to want to play with.