I'm completely bewildered at what you mean in this context, given that the most conservative possible viewpoint on stablecoins is "there is no algorithm that ca

I'm completely bewildered at what you mean in this context, given that the most conservative possible viewpoint on stablecoins is "there is no algorithm that can produce a stable coin other than 100% or better reserves in the stated currency". Remember that "conservative" in finance means not taking risks, rather than the current political meaning of "right wing authoritarian".