I think Norway and the way it's managed its sovereign wealth fund is a counter-example.
Governance can be done well.
Governance can be done well.
Put another way, A self driving car can put 10 taxi drivers out of work, but it cannot manage a monetary fund. Neither can the mechanic who fixes the car.
A dollar amount shows up in your bank account every day. If it doesn't, that's a problem. The one debate should be whether the number should be moved up or down.
If there's exceptions (like criminals not getting it or something), then it's not UBI.
It's never a perfect match. It doesn't mean you can't adapt lessons learned elsewhere, or that you can afford to ignore what works in other countries.