The bHBD token is a wrapped version of the Hive Backed Dollar on the Hive Blockchain. HBD is the longest standing stable coin but it has struggled with mass adoption. There is a supply issue with HBD, which is why bHBD and the Liquidity Pools bHBD-BUSD and bHBD-CUB come into play. bHBD is backed by the native HBD token on the Hive Blockchain, and it is meant to provide an onramp and offramp solution for users to flow in and out of the Hive Ecosystem, while earning yield in the form of CUB token in the process.
