What are some ways to generate money from stable coins as alternative to a bank savings account but almost same level is principal safety?

What are some ways to generate money from stable coins as alternative to a bank savings account but almost same level is principal safety?

Let’s say a bank savings account is giving 3% interest, how can that return be beat by stable coins with almost same level of principal protection as banks? Granted banks have FDIC insurance, is there any insurance backing on any of the stable coins?

Total rookie here. Thanks! And it is getting really hard to make the post requirement of 500 characters. And it is getting really hard to make the post requirement of 500 characters.