Over the past couple of days, I’ve seen people talking about stablecoin de-pegging. To be blunt, a lot of the time it isn’t the technology that breaks first—it’s people who panic first. Whether the reserves are transparent or not, whether the audit reports have details or not: in normal times, nobody really pays attention. But as soon as rumors start, it turns into a run-and-withdraw button. Everyone wants to be the first one to run out, and the more they run, the more it starts to feel like something is really happening.

What I care about more right now is whether I can switch back at any time and whether the information lines up—don’t just look at slogans. AI agents and automated trading are also pretty popular and lively, but the more automated it is, the easier it is for emotions to get amplified. Once the chain gets congested or there’s even a small issue with interactions, the bots all pull liquidity at once, and it feels faster than doing it manually. Anyway, I’m still the same as before: low leverage, add slowly, keep some cash on hand, and don’t race to de-peg.