Maybe things are better in the Apple Silicon days, but I tried using an external "carry it with you" monitor that used DisplayLink on an old Intel MacBook and it was an endless stream of headaches. Frequently the computer just wouldn't see the monitor at all until I restarted both of them, custom settings like color and rotation would often reset, etc. The DisplayLink drivers seemed like total shit.
For me it works like a charm. I had to change the USB hub though, first one was buggy and would randomly stop working. But on a second one everything is fine.