Stablecoins, to put it simply, are "everyone believes they can be exchanged," and once someone starts doubting, the run on them happens faster than you can refresh a candlestick chart. Reserve transparency is of course important, but don't expect to sleep soundly just by looking at a few audit PDFs. The real danger is emotional contagion: one or two people in the group saying "I've heard it can't be redeemed," can turn a harmless situation into a crisis.

Recently, I also saw people criticizing on-chain data tools and tagging systems as "lagging" and "misleading." I think that's quite normal... Do you expect others to mark the danger zones for you? As for me: don't hold too large a position, diversify if possible, and assume the worst-case scenario could happen. Don't be the bag-holder, and don't try to be the savior—first, protect yourself.