There is an alternative. At Monetran, we've designed a token for use on the Stellar network which uses a novel approach to achieve stability.

Instead of backing the currency with gold or other commodities which can't provide stability of price, we have backed our crypto with interest bearing financial assets, i.e. short term T-bills.

Although USD backed coins can provide stability in the short run, it comes at a cost of built in monetary inflation. If held for any significant amount of time, the purchasing power of the coin will decrease.

Our method not only gives our token price stability, it enables the token to serve as a real store of value because it will gradually increase over time.

Once fully operational, we will also give token holders the ability to redeem directly through the company.

https://www.monetran.com/