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RE: Will The Hijacking Of USDC Open The Door For HBD?

in LeoFinancelast year

I think the biggest hurdle for HBD is the lack of bridging between other cryptos and HBD. What is available is limited. And the only other alternative is to bridge via HIVE, then convert or exchange to HBD internally.

I had tried using bHBD, pHBD to convert to USDC on Polygon and back last year. But the liquidity was too low. My transactions affected the exchange rate, even for amounts as little as $100. Hopefully this is cleared up with the Inleo Premium subscriptions. I do worry about the longevity of BSC. But that's another topic altogether.

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That is the key. The tentacles in and out are important.

Also, getting HBD actually used is a key for medium of exchange. If it is not widely accepted, it is not a medium of exchange.