I don't think 18% is that high. The 10% limit in Hive was inherited from Steem where it was put in place quickly early on without much consideration of what the limit should be. The Steem white paper (written before the limit was put in place) considered 20% or even higher to be routine and normal.
RE: Stablecoin comparison: Terra LUNA's UST works like Hive's algorithmic stablecoin HBD, which is better?