I really felt stupid just now: I wanted to transfer a stablecoin from A to B for a small arbitrage, but I accidentally pasted the note string as the address when copying the address, and only realized it was wrong a second before confirming… my heart rate immediately spiked. Just this one mistake made me understand even more why the "de-pegging" rumors can cause instant panic in the group chat when shared: it's not that people don't understand the principles, it's that they're afraid of being a step too slow and ending up as the last one.

To put it simply, the most important thing about stablecoins isn't how stable they claim to be, but whether their reserve transparency allows people to verify and trust at any time. Recently, topics like regulation and audits have been heatedly discussed, and I find it quite realistic: without verifiable data, confidence relies on rumors for support, and when the rumors are cut off, de-pegging occurs. Anyway, my current approach is pretty crude: diversify storage, keep some on-chain channels that can be directly exchanged, and don't treat "stability" as a safe deposit box—just see it as a tool with liquidity risk. That's all for now.