These days, watching stablecoins is even more nerve-wracking than watching K-line charts… To put it plainly, de-pegging is often not "really lack of funds," but everyone panicking and rushing to withdraw at the same time, the more they squeeze, the more it looks like something is really going wrong. Transparency of reserves may seem boring most of the time, but in critical moments, it's like an emergency exit: some people just want to hear "no problem," while I prefer to review the proof materials first, rather than follow the group's emotions.


By the way, before and after the mainstream public chains' upgrades/maintenance, the group was guessing whether the ecosystem would migrate. I think whether to migrate or not can be set aside for now; it's better to diversify the stablecoins in your hands and test the withdrawal channels in advance… Anyway, doing the side tasks first will keep the mindset much more stable.
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