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#稳定币市场波动 This news reminds me of the big dump of USDT back in the day. The three major banks in Japan are going to issue stablecoins, which sounds like a good thing, but I always feel something is off. After all, banks are traditional financial institutions, and their entry into the crypto assets space will inevitably bring issues of regulation and centralization.
I have experienced too many projects go from hot to cold, and I have learned to stay vigilant about such seemingly favorable news. The volatility of the stablecoin market is no joke; once a problem arises, the chain reaction could impact the entire crypto ecosystem.
It is advised that everyone should not be blinded by the surface gloss and pay more attention to the specific mechanisms and risk control measures of these banks' stablecoins. Remember, in this circle, always prepare for the worst. Protect your assets well and do not put all your eggs in one basket; this is a lesson learned from painful experiences.