Now why would i be worried about them destroying a project? Probably the same reason for the other usd token we have around. Projects like these are great for avoiding the massive drops we see in crypto this year has shown some good examples. Issue is if fud gets out about certain stable coin projects it could see money flow out of the space.
There seems to be a pretty good idea here and maybe this will become the stable token to use but there is nothing wrong with having a few choices to avoid the crypto storms. Keep her stable.