#稳定币监管与风险 Seeing this news, I can't help but marvel at how risks are everywhere. Large stablecoin projects like Tether may also have hidden liabilities, not to mention smaller projects. Ordinary investors must stay vigilant at all times.

Hayes pointed out that Tether holds a large amount of gold and Bitcoin. If these assets drop by 30%, it could lead to insolvency. This reminds us that even stablecoins have underlying asset risks. When using USDT, we should not blindly trust; instead, pay close attention to its reserve reports and audit details.

Additionally, the Tether CEO said they can earn $500 million per month from government bonds, which is an extremely high profit. As users, we should be wary of hidden risks behind such high returns. After all, there is no free lunch; high returns often come with high risks.

Overall, for any project, including large stablecoins, we need to think independently and not rely solely on advertising. Regularly checking asset allocations and diversifying risks are the way to survive. The market is constantly changing, and we must stay alert at all times to survive longer in this perilous crypto world.