Basis is a "new" cryptocurrency with a stable exchange rate. Yeah, the next Tether. Only in contrast to its main competitor, Basis proposes to stabilize the exchange rate with the help of Bond tokens and Share tokens - analogues of bonds and shares. Very simply put, Basis wants to equate itself with the central bank. Generally, the creation of another stable currency is not the most successful idea for the market, where investors are waiting for another jump in quotations every single day.
The deadline for platform readiness, financial and legal details of the project are classified. To get this information, you should be talking to Sky9 Capital, Foundation Capital and Pantera Capital, which have already invested $ 133 million in the project.
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