Recently, the group has been sharing more screenshots about stablecoin regulation, reserve audits, and various claims of "de-pegging." Honestly, the emotions are moving much faster than the information. My own expectations for on-chain privacy are becoming more realistic: privacy is unlikely to be "completely invisible," more like "not publicly disclosed by default, but can prove innocence under certain conditions."

What should ordinary users think? My current bottom line is: don’t treat mixing as a universal privacy solution; tightening compliance boundaries can easily lead to pitfalls. If you do use privacy tools, you must accept that they might bring additional scrutiny and make deposits and withdrawals more complicated. Conversely, compliance shouldn’t mean total exposure; I hope there are more verifiable options, like only proving that the "source is legitimate" rather than revealing all transaction details. Anyway, I prefer to pay for solutions that are "provable but less exposed."