With all these comments floating about at the moment saying how SBD has gone back to being pegged, I'm going to call it all out as being Horseshit.
Unless something has fundamentally changed in the backend of the system that is going to hold the currency at $1, people can't say its pegged again.
What we have is the market taking a massive dump, and the powers that be within the market have devalued SBD to such a point that it now coincedentally is worth $1. Already we have seen it spike back up to $1.18 yesterday and today at writing its $1.05.
My personal opinion is that the SBD Stable currency, while a good idea in theory, is a bit of a flop. The main reason for its failure is that it has been floated on exchanges against BTC. If they wanted it to stay truely stable, it'd have to be an internal only product that was not tradeable, unless it was to be converted internally for USDT. As soon as external markets come in play, you have lost control of the asset and you really can't dictate where that value will go, be it up or down.
