# StablecoinRegulationAndIssuance

#稳定币监管与风险 Looking back on the turbulent history of stablecoins over the years, one can't help but feel a sense of nostalgia. Back then, USDT was questioned multiple times for lacking sufficient reserves, and now it seems history is repeating itself. Arthur Hayes's latest perspective is indeed thought-provoking. If Tether truly holds a large amount of illiquid assets, a severe market fluctuation could very likely trigger a trust crisis. I remember the panic during the 2018 turmoil—how quickly fear spread in the market. However, this time Tether responded swiftly with a huge amount of equity to

#稳定币监管与风险 Wow, I just saw this news—Sony is going to issue a stablecoin? Does this mean that in the future, we can pay for games or anime with cryptocurrency? Seems pretty cool! But I still have some concerns, after all, I’ve heard about some stablecoin collapses before. Do you think Sony’s stablecoin will be safer? Or do all stablecoins carry risks? I really wish someone could educate me about the regulatory situation of stablecoins, as I feel this is completely a blind spot for me😅 By the way, it’s not until 2026 for the launch, which is way too long. The crypto world changes so fast; will