#稳定币 Seeing the latest developments in the US crypto legislation, I have to be honest — the way stablecoins are being handled in these negotiations warrants caution for all retail investors.

The banking industry is now pushing a seemingly "regulated" but actually very risky direction: restricting interest payments on stablecoins. On the surface, it's to prevent stablecoins from becoming high-yield tools, but in reality, it's safeguarding traditional finance. However, the real risks are not rooted here.

I've seen too many projects use stablecoins as a facade, only to be air behind the scenes. Those promoting "high-yield stablecoins" are 99% setting traps. No matter how regulatory guidance is standardized, it can't prevent exchange hacks, smart contract vulnerabilities, or issuers collapsing outright.

The bill has now been delayed until January, and this time gap is critical — don’t be fooled by the expectation that "policies are about to be regulated." History has shown me that during such waiting periods, traders are most active. They exploit policy uncertainty to create volatility, retail investors chase high and get shaken out, and ultimately, they get cut.

If you truly want to survive long-term, remember this logic: no matter how stablecoins are regulated, prioritize fund safety first. Self-managed wallets, mainstream exchanges, whitelist projects — these basic defenses are more trustworthy than any policy. Don’t get blinded by the anticipation of "new regulations coming soon."