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Alternatives: Existing Stablecoins

FeatureFiat-Backed (USDC/USDT)Over-Collateralized (DAI)Algorithmic (UST)Stabolut (USB)
StabilityHighHighLow/FailedHigh (Delta-Neutral)
ScalabilityHighLowHighHigh
DecentralizationLowHighHighHigh
Yield0% (Issuer keeps it)Low (Savings Rate)High (Ponzi)Real Yield (Staking + Funding)
Censorship RiskHighLowLowLow

Stabolut USB offers the best balance: the scalability and stability of fiat-coins, with the decentralization of crypto-native assets, plus embedded yield.