HBD on blockfi and other crypto banks

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(Edited)

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Back in the day, sites like Blockfi offers up to 7% on stablecoins. Today it is around 2% for Tether and 7,5% for USDC, if I remember right.

It is a big chance for HBD to be a part of the game. Simple because they can offer the % from hive + additional the lend out %.

They don't need 100% liquid all the time, so they could 80% in savings and 20% liquid. Like all banks do.

The only thing IMO that's needed is to pitch those sites HBD. If one of them starts to accept it, it could be a chain reaction + Hive would start mooning because of the huge demand for HBD.

It would be also super beneficial for Hive users, to have a site, besides Binance that has a Credit card and Hive /HBD deposits.

Another use case would be Eth and BSC, and other chains versions of HBD, to get the stablecoin out to a multichain stable coin backed by hive.

And third, Hive + Smart contracts + own stable coin could end up huge. HBD/BTC pair for example on hive.

But all this stuff is very technical. To reach out to those Crypto Bank/payment services could be the most beneficial. The difficult part is only to become attention first. Simple outreach to those sites end up most time with:

Thank you for your E-mail,

blablabla.

And nothing happens after :)

What do you think about the future of HBD?

IF you like you can response to this Tweet from me to blockfi:

https://twitter.com/PowerGames8/status/1415563718902099968



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2 comments
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I think HBD has a good future but I think it will be hard to push them onto these major exchanges right now.

Posted Using LeoFinance Beta

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