I believe in the team and I think that they took into account all the weaknesses of their competitors.
The competitors of this QUSD project are very strong. It must be said that the project will have to compete with very large players in the industry, such as USDT and TrueUSD. But I want to believe that QUSD will take a decent place among them!
Why do you think stable coins will compete with each other? maybe they will cooperate and complement each other?