The market already have an over supply of stable coins and i don't think we need a new one anytime soon since the current one (tether,TUSD, Gemini USD, Tron USD) is working perfectly well at their current state.
We wholly disagree for when you create a solution you need to design it for the long term or you are putting token holders at risk. Not only are the current solutions very centralized, what happens to currencies like Tether when Uncle Sam issues USD? Why would someone trade for your tether when they can go right to the US Government?
I will address in deeper detail by updating this post later.