#USDT稳定币风险分析 Looking back at history, the risks associated with stablecoins like USDT have always existed. Early on, Tether was questioned for insufficient reserves, but the market still favored its convenience. Now, Forbes predicts that by 2026, stablecoins will be ubiquitous, and USDT and USDC may penetrate more traditional financial scenarios. This reminds me of the collapse of Mt.Gox in 2014, when everyone thought Bitcoin was doomed. But in the end, the crisis actually spurred industry progress.

However, the risk of over-saturation in the stablecoin market cannot be ignored. Just like the ICO bubble back then, too many speculative projects rushing in are bound to cause problems. I expect a major reshuffle by the end of the year, with a few leading players dominating the market. For retail investors, choosing reliable stablecoin projects is very important—don't be fooled by new concepts. After all, in our industry, innovation and risk always go hand in hand.