Recently, the group has been sharing news about stablecoin regulation, reserve audits, and various rumors about "de-pegging." Honestly, when I see this kind of information, I take a deep breath first... As for on-chain privacy, ordinary people shouldn't expect to be "completely invisible." To be clear, on-chain ledgers are public; what you can do more is reduce the probability of being easily linked. But once you involve fiat on/off ramps or use centralized channels, the compliance boundaries are basically right there.

My own expectations for privacy are quite simple: not to treat it as a talisman, but as a tool to "reduce unnecessary exposure." The signals I truly care about are: when market sentiment panics, everyone starts scrutinizing whether audits and redemption channels are smooth, whether large on-chain transactions become more urgent—at these times, I trim my positions, layer liquidity, and avoid being led around by rumors. Anyway, surviving first before talking about profits.