Is this project live yet or is it still in development? I've been searching everywhere for something exactly like this for months and just came across this thread, but see it looks dead in the water. Please say that isn't the case. A cryptonote based stablecoin is exactly what we need. As much as I love Monero, its instability will hamper it's actual adoption as a currency in global markets. Businesses want a currency with a low spread, not something that may drop 50% in value within minutes of receiving a payment.