Tonight, I saw on the blockchain that stablecoins experienced a slight de-pegging with needle-like fluctuations, basically a "test of people's sentiment": when reserve transparency is insufficient, people's first reaction isn't to do the math, but to run... a bank run mentality kicks in, and even before anything happens, they can be pushed into a crisis. Recently, Meme and celebrity shout-outs have been wildly popular, and as attention shifts quickly, newcomers are most likely to treat stablecoins as cash, and when panic sets in, they all rush to the exit. Veteran players advise not to take the last step, I understand, but I’ve also had moments of trembling hands chasing the rally. Anyway, now I care more about: what exactly is supporting it, and whether it can be redeemed at any time. That’s all for now.