Sort:  

I don't get it, how is SBD used to convert BTC to USD?

On some exchanges (Bittrex for example) you cannot have EUR / USD on your account. Therefore if you want to take profits and be back in fiat you have to sell BTC to get Tether or SBD (which are supposed to be 1$). SBD started increasing since Tether has been called a scam and got stolen 30 mn.

Nice, so when Tether finally goes down SBD will go to 100$ or more :)

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.030
BTC 59126.81
ETH 2514.47
USDT 1.00
SBD 2.46