What are the alternatives to FRAX?

As a cryptocurrency enthusiast and investor, I'm always on the lookout for potential alternatives to popular protocols. FRAX, as a fractional-algorithmic stablecoin, has gained significant traction in the market. However, with the ever-evolving crypto landscape, it's essential to keep abreast of viable options. What alternatives are currently available to FRAX that offer similar stability mechanisms or unique features that may appeal to investors and users? Are there any emerging stablecoin protocols that are worth keeping an eye on? Additionally, how do these alternatives compare in terms of decentralization, scalability, and overall market adoption?