#稳定币发展与应用 Seeing the proposal for the native stablecoin PUSD of Polkadot, I can't help but recall the experiences of being scammed by stablecoin projects in the past. On the surface, using DOT as collateral to issue PUSD seems reasonable. However, upon closer examination, the risks involved are not small.

First of all, the price of DOT is highly volatile, and if it crashes, it could trigger large-scale liquidations, further exacerbating the decline. Secondly, changing the block reward to a stablecoin could affect the network's security. Moreover, if the scale of PUSD is too large, the entire ecosystem will be constrained by its stability.

I advise everyone to remain vigilant about these emerging stablecoins. Do not be blinded by concepts like "native" and "decentralized". Remember, there are no absolutely safe stablecoins in the crypto world. Diversifying risk is always the way to go; do not put all your eggs in one basket.

As someone who has been through it, I advise everyone: be more skeptical of new projects and less impulsive. Don't be fooled by flashy concepts; pay more attention to the risks behind the projects. Protect your assets well to survive longer in this market.