3/ Before using any stablecoin, ask yourself: • Who issued it? • What backs its value? • Are reserves transparent? • What risks should I know? These questions matter more than the ticker symbol.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • 1
  • Share
Comment
Add a comment
Add a comment
CircuitDaydreamer
· 1h ago
Stablecoin collapse is even worse than shitcoin because you think it's stable.
View OriginalReply0
LittleBitcoinInTheReflection
· 9h ago
The reserves of USDT have always been a mystery.
View OriginalReply0
BetaParanoiac
· 17h ago
Last time UST collapsed taught me: decentralization ≠ no risk.
View OriginalReply0
ForkingDrama
· 17h ago
Familiarity with the ticker is no substitute for reserve transparency.
View OriginalReply0
UnderTheGlassDome
· 18h ago
This checklist should be made into the default popup window of the wallet plugin.
View OriginalReply0
AirdropSideQuest
· 18h ago
Ask these four questions before placing an order, and you can avoid 90% of the pitfalls.
View OriginalReply0
GateUser-04e4dac2
· 18h ago
Institutional endorsement ≠ absolute safety, look at the former BUSD
View OriginalReply0
OpcodePoet
· 18h ago
Background checks on the issuer cannot be omitted, even if it takes an extra two days.
View OriginalReply0
EchoOfL2
· 18h ago
Now only use stablecoins that have been verified in real-time on-chain.
View OriginalReply0
Frictionless
· 18h ago
Indeed, many people rush in just by looking at APY.
View OriginalReply0
View More
  • Pinned