Only those who have lost their money in volatile markets due to various crashes or price volatility can understand how important stablecoins are. However, most of the stablecoins we see in the market are tied to fiat. As a result, we are stuck within a certain limit. Because we may have faced different experiences at different times due to the fact that such stablecoins are tied to fiat. Because they run on centralized systems and are usually controlled by governments or authorities of different countries. Even sometimes, a key is required to use these coins, which often creates an additional hassle for users.
So I think in the current era of digitalization, we want a stablecoin that is not tied to fiat. Even the stablecoins bought with our hard-earned money should not be controlled by any government or any regulatory system in any way. So that they are not frozen or closed by tyrants.
If we want freedom from the above mentioned problems that fall within our basic freedom, then one of the solutions is to use one of the stablecoins of the Hive ecosystem, $HBD. $HBD is the Hive backed dollar within the Hive ecosystem which is based on Web 3 and decentralized. It is a stablecoin that is equivalent to the US dollar. The Hive ecosystem is a platform that is Web 3 and decentralized. It is not controlled by any authority. As a result, you will get all kinds of basic freedoms here. It is basically run by a community. There is freedom to work here. And $HBD is one of the important and I think $HBD is the best stablecoin in the crypto world.
I declare $HBD as the best stablecoin only because it is not controlled by any authority and it is never frozen. The most important thing is that there is no KYC problem here. Even it has zero transaction fees. The most important thing is that in the modern era, control seems completely incompatible. And if you want to get out of that control, I think $HBD would be the best.