If you do not know, stable coins in the cryptoasset world are in high demand but almost universally deficient in some way. Being a real problem, a few people have raised some serious capital to try and discover different potential solutions. One of which is Basis.
https://medium.com/basis-blog/introducing-basis-a-stable-cryptocurrency-with-an-algorithmic-central-bank-7a795393a525
It is interesting to note the total value of the initial raise for Basis is about 9x the entire market cap for a stable coin that is working today.
https://coinmarketcap.com/currencies/bitusd/
Bitshares can accomplish most of what this new project is seeking to achieve and it is available technology. I think even from the perspective of a project like Basis they could benefit from a Bitshares integration. Bitshares - Scalability solved.
