LTS has had major breaking changes in various areas in recent times too, virtio was badly broken at one point this year, as was a commonly used netlink interface. Hat tip to the Arch kernel contributors who helped track this down and chase upstream, as we had mutually affected users. The debian and ubuntu bug trackers were a wasteland of silence and user contributions throughout the situation, and frustratingly continued to be so as AWS, GCP and others copied their kernel patch trees and blindly shipped the same problems to users and refused to respond to bugs and emails.
You're right stability comes from testing, not enough testing happens around Linux period, regardless of which branch is being discussed.
It's not easy testing kernels, but the bar is pretty low.
The virtio bug bit me. I have one hostnode (debian) with one nic that gets passed through to a virtualized opnsense. Storage is two consumer nvme in raid0 as system disk. I was expecting downtime with this setup, but kernel bug was not on my list.
Bear in mind, LTS and ELTS are not Debian maintained.
The wiki has more info on this.
One of the unsung praises of Arch is that it's turned thousands of users into testers. Before someone says "that shouldn't be the user's responsibility" I'm going to say I'm not so sure. We're all in this together. I'd rather deal with a bug or two on my desktop at home if it means it gets fixed before appearing in a distro that gets used for servers at work and causes issues there where the consequences are much higher.