Just now, I saw someone asking in the group again, "Will a certain stablecoin lose its peg?" My first reaction isn't to look at the candlestick chart, but to check whether its reserve disclosures and redemption channels are still smooth. Honestly, a bank run isn't a math problem; it's a psychological one: if you think others will run, you want to run first. Recently, cross-chain bridges have had issues, and oracles have reported some outrageous prices, so everyone has learned to wait for "confirmation" first. But when that moment actually comes for a stablecoin, waiting for confirmation might only leave you with slippage and queues... I now prefer to earn a little less and set the liquidation threshold for my lending positions far away from the current level, so I can sleep more peacefully.

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