#稳定币 Moody's stablecoin rating framework is worth paying attention to, and its core logic is quite clear — the quality of reserve assets directly determines the credit rating of the stablecoin. This is an important signal for copy traders.

I have previously observed several traders' performance in stablecoin-related transactions and found that truly prudent experts never follow the trend blindly. They study the reserve composition of issuers in advance and assess counterparty risks. Once this framework is introduced, it essentially institutionalizes this risk assessment process.

From a different perspective, this means that the credit differentiation among stablecoins will become more pronounced in the future. Two coins claiming a 1:1 peg to the US dollar but with different reserves will be rated differently. The impact on copy trading strategies is — to learn how to select stablecoins with different reserve qualities based on risk preferences and match them with appropriate traders. Conservative traders may prefer to follow those who only use high-quality reserves, while aggressive traders might have opportunities to capture arbitrage before and after rating adjustments.

Moody's has set a feedback period until January 26 of next year, during which the market is expected to gradually digest this framework. It is recommended to start observing how leading traders adjust their position logic now, as this often signals the next wave of market trends. Practice makes perfect; the real opportunities are hidden in the details of these changes.