Fair value for Bitshares over 1 billion

If USDT (tether) can be worth over 600 million USD as a dollar peg, then BITUSD could be worth just as much.

If the waves decentralized exchange is valued at 600 million USD then the BTS DEX should be worth much more. The Waves DEX is horrible, its almost unusable. The Bitshares DEX is 100x better than what waves provides.

Could BTS compete with Etherium for asset issuance? If so this could be a multi billion dollar coin.