The issue of the United States issuing stablecoins is something everyone should pay attention to.

Recently, there has been a high level of global interest in stablecoins. The U.S. is pushing for legislation, and Circle's stock surged about 168% on its first day of trading.

After obtaining a trading license, Guotai Junan International's stock price soared over 150%, and companies like JD.com and Alibaba are also planning to issue stablecoins in Hong Kong.

However, stablecoins are not as 'stable' as they seem. They are closely linked to the U.S. Treasury crisis. The issuers use the money users pay for stablecoins to buy U.S. Treasuries to earn interest, while users receive no interest.

Once there is a problem with U.S. Treasuries, all the risk falls on the users. It's like giving your money away; others profit while you bear the risk of loss.

Therefore, ordinary people should not venture lightly. Protect your own purse and do not be fooled by those seemingly attractive appearances; otherwise, if your money disappears, it will be too late to regret.#pi #PiJS #BTC #ETH