If you want an alternative, the cleanest decentralized stablecoin IMO is Liquity https://www.liquity.org/
It’s single collateral MakerDAO-style over-collateralized coin (only ETH) and the ability for admins to change it was destroyed. So it just lives in perpetuity exactly the way it was deployed, no chance of blacklists or courts turning it off.
It’s single collateral MakerDAO-style over-collateralized coin (only ETH) and the ability for admins to change it was destroyed. So it just lives in perpetuity exactly the way it was deployed, no chance of blacklists or courts turning it off.