#稳定币生态 Seeing the people of Argentina using stablecoins to protect their savings, I can't help but remember my own days of momentum investing. Back then, I knew nothing about the crypto world and was confused by various projects, losing a lot of money. Looking back now, it really makes me break out in a cold sweat.

In fact, stablecoins do have their uses, especially during times of economic turmoil. However, we must also be vigilant that not all stablecoins are truly "stable". Remember the collapse of a large stablecoin last year, which caused significant losses for many people. Therefore, when choosing a stablecoin, one should be particularly cautious and ideally choose large stablecoins with sufficient reserves and high transparency.

However, to be fair, even the safest stablecoin cannot completely replace fiat currency. After all, it is still built on the existing financial system. If one wants to preserve value in the long term, it is essential to diversify and use various assets to hedge against risks. After years of struggles, I have come to deeply understand that in the crypto world, the most important thing for longevity is risk awareness.