Certainly it's years away but I dunno...This feels possible in an engineering sense.
It's all fine and dandy until it breaks open, along the length, and releases not just the stored mechanical energy, but also all the inductive energy from the flowing current of few million amperes.
A superconductor blowing up across the length and distributing the energy doesn't seem as bad a whole transmission line's energy released at a point fault.
Have the supercurrent in one direction matched by the same supercurrent in the other direction, alternations as closely spaced as possible.
The magnetic field will be confined, at least.
When the fiber breaks, join the entwined superconductors together (equivalently: have the insulator break down), and the current in the rest of the transmission line can continue flowing.
Coaxial variant also available.
http://hyperphysics.phy-astr.gsu.edu/hbase/Solids/scbc2.html
My instincts tell me it would actually be much safer. Overheating wire would instantly lose superconductivity and vaporize into an open circuit. The same thing a fuse does.
Current wires have enough bulk to heat up and melt slowly. This is more opportunity to burn things and set stuff on fire. Vaporized plasma is low density which probably won't concentrate energy enough to light surrounding materials on fire. Plasma also disassociates quickly in air, again way less time for fires.
For mechanical stress, it may be sufficient to just ensure the stress is evenly distributed in all directions. This way the energy will be driven into shockwave and heat rather than motion. The wires might make a big bang but this isn't very harmful underground or high in the air on lines. Explosions are way less dangerous in open air than they are confined
That said you can locally get huge stresses without out breaking the material.