I saw someone say, "It's not that easy for stablecoins to de-peg"... I want to be optimistic too, but honestly, the scariest part isn't how much reserves are missing, it's when everyone starts to doubt and begins redeeming at the same time. Reserve transparency, nobody pays attention to it normally, but when something really goes wrong, it's like squeezing into a subway; the more they shout "Don't push," the more people push. Recently, cross-chain bridges have been hacked again, oracles are showing abnormal quotes, and the group is all saying "Wait for confirmation," this kind of consensus is actually just giving themselves more time to avoid impulsiveness, but it also shows that the mindset is already tense. My current approach is pretty cautious: I don't put all my stablecoins in one place, I look more carefully at what I can see on-chain, and when necessary, I use perpetuals/options for small hedges. Losing a bit of fees is better than staying up at night worrying. You say, "That’s just scaring yourself"... I won't reply to you for now.

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