Stablecoins, to put it simply, rely on everyone "believing they can be exchanged back" to support them.

They usually appear very stable, but as soon as there's a slight disturbance, they start checking reserves, reviewing audit reports, and the more they review, the more anxious they become.
Then a message in the group says "maybe de-pegging," and the run on the bank spreads immediately.
Panic selling kicks in, hands move faster than the brain to switch to other assets...
I'm the same way, scolding myself for being cowardly but I really don't dare to gamble.
Transparency is really key here, otherwise it’s like a black box— the less explanation, the more it seems suspicious.
By the way, I want to complain that now, modularization and the DeFi layer are making developers' eyes light up, but ordinary users (me) are completely confused:
I only care that it doesn’t suddenly get stuck, that I can withdraw my money without issues, and no matter how advanced the chain is, I just don’t want to pay more gas fees...
Anyway, I will still click to confirm when needed, but it’s so frustrating.