Recently, I saw someone using stablecoins as deposits again. I really want to turn that line in the group chat, "Stability = No Drop," into an emoji. Honestly, disanchoring is often not because the technology fails first, but because people panic first: where to store reserves, who is holding custody, whether audits are on time. Once these can’t be clarified, a run is like opening the floodgates—everyone queues up to "redeem" faster than others. What’s even more amusing is that even though hardware wallets are out of stock, many people still click on phishing links, shouting safety with their mouths but leaving it to chance with their hands... Anyway, now I look at stablecoins primarily for transparency. I’d rather go through some trouble than be the last believer caught in an emotional stampede.

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