Hi there! I was talking not long ago with a friend of mine about how badly we need private stable coins. I'm happy to finally see something along those lines! I would preferably have a stable coin backed by XMR instead, just like Dai is backed by ETH, in order to reduce counter party risks (if Dai goes XMRD goes as well he). But I suppose this is the next best thing to start with.
Just like the others, I have my own reservations about the code but I think we should all just give this project the benefit of the doubt until things are released for review.
Can't wait to start mining this thing, let alone using it.