Issues with ultra-wide LG 38" external monitors and MBP 16" (2019)

I recently purchased an LG 38WK95C monitor and I am pulling my hair out trying to get a reasonable display resolution.

The monitor's native resolution is 3840 x 1600 @ 75Hz, although when I connect through USB-C, the "default resolution" comes up as 1920x800 @ 60Hz. It looks nice but everything is huge!

 When I scale it to 3840x1600 (@ 60Hz) the fonts become very blurry. I have also tried other resolutions (clicking option and then scaled), but I can't find a nice balance between size and font clarity.

Under Mac/About/Graphics Displays you can see it thinks it's connecting to a Television. From what I have read on the topic, I think this might be the primary issue although forcing it to RGB mode as some of the posts suggest using either SwitchResX or RDP doesn't fix the issue. I have also tinkered around with the font smoothing through the terminal. I have done all sorts of resets, VRAM, etc.

I have spent numerous hours on the phone with "senior advisors" at Apple but no luck. LG has been all but useless. I have no issues connecting this monitor to my windows desktop, so I am pretty sure it's not the monitor. Also, I have tried on other MacBooks and the same issue arises, so unlikely it's my MBP. I have tried using HDMI, DP, swapping cables, etc. I have read many articles on similar situations, with both LG, Dell and others. It seems like these issues are more common with ultra-wide monitors (34+) than those with a 16:9 aspect ratio.

My questions are as follows:

1. Is there actually a solution or is it just a function of the aspect ratio, resolution, and size? I am still in the return period windows for the monitor.

2. If the answer to 1 is no, is there a particular configuration I should be focusing on? I really want a 21:9 aspect ratio and a size between 34 and 38. I could go to 43" but those are all 16:9. I would love a 49" but I don't really have the desk space to accommodate that.

any advice?