My understanding is it’s a better way to to send payments in any currency to a receiver that can receive it in any currency. That seems like a win for the vast majority of people that are building global businesses and dealing with multiple currencies.
Despite that I know bitcoin is superior, I don’t need to force it on people who aren’t ready. Just let people decide what currency they want to use and eventually they’ll all be using bitcoin.
Just to be clear, I also disagree with KYC. I just see UMA as doing more good than bad.