⚠️ Stablecoins ≠ always safe
🔵 $168B in T-bills: mass redemptions could shake bond markets
🔵 USDC hit $0.88 in SVB crash - custodian risk is real
🔵 Mint/burn flow controlled by few
🔵 Audits = monthly, not real-time
🧩 DeFi’s glue is more fragile than it looks. Stay sharp.