It has strong upside potential if the team can drive adoption and increase demand of the stablecoin. It's difficult to compare with other stablecoins market cap because it is a utility token but it does give incentives and is burned, which can be good indicators for price appreciation.
Their value proposition is to develop a digital stable currency to protect those in countries with currencies that experience high inflation. If they succeed the currency could massively reduce poverty in non-developed countries.