Recently, I saw everyone talking about stablecoin de-pegging again.


Honestly, it's often not "insufficient assets," but rather a lack of clear information.
When everyone panics, they rush to withdraw together.
Reserve disclosures are either too slow or too vague, on-chain proofs often only provide a snapshot.
When faced with a bank run or a chain reaction, no one wants to be the last person to click the redemption button.

My personal view is simple: for those with insufficient transparency, treat the positions as "temporary parking spots" that could go to zero at any time—don't treat them as cash.
By the way, I want to complain that now miners/validators' income, MEV, and transaction ordering fairness are also being heavily criticized.
Users, after being cut in line for a long time, become more sensitive to issues like "payment priority," and trust drops very quickly.
Anyway, if it can be open-sourced, just do it.
If you can put data on-chain, don’t just send PDFs...
I'm off to work.
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