Hive Distriator Offers HBD Cashback on Web3 Purchases Using BTC and HBD

Published: 2025-02-05 15:12:07 |

Hive Distriator, a Web3 payment solution on the Hive Blockchain, enables users to shop using Bitcoin (BTC) and Hive’s stablecoin HBD. Buyers can earn HBD cashback rewards, ranging from 20% to 40%, by purchasing from merchants who accept Distriator payments. Currently operational in seven countries, the network enhances cryptocurrency adoption by allowing users to spend their digital assets in regions such as Mexico, Venezuela, and Brazil. Shoppers claim their cashback by posting reviews tagged #spendHBD on Hive. Distriator promotes user engagement through referral bonuses and leaderboard rankings for active users. It also encourages the expansion of its network via local ambassadors who help onboard new businesses and users.

Neutral

The introduction of Hive Distriator provides a practical use case for BTC and HBD payments, furthering crypto adoption but having a neutral immediate market impact due to its limited geographic rollout. Similar initiatives typically stabilize user engagement but do not cause significant market fluctuations unless paired with broader adoption or major partnerships.