For some odd reason people are in love with stable coins — and specifically extremely complex setups to create stable coins.

My question is for any finance professionals / bankers on this feed. Couldn’t one set up an account with a bank, and have them publish every single transaction on a publicly visible blockchain? If you had that, and your new stable coin was on such a blockchain, then it really would be defensible.

Does anybody have any good banking contacts they could share that would help us collectively solve this problem once and for all in about 10 minutes?

https://techcrunch.com/2018/04/18/basis-a-year-old-startup-thats-building-a-price-stable-cryptocurrency-just-raised-133-million-from-top-investors/

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Follow the facebook discussion here:

https://www.facebook.com/frkrueger/posts/10160358745265444

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