I saw that ridiculous joke in the group again—about how "a well-known founder was caught with a hardware wallet hidden in his rectum, containing 10,000 Bitcoins." Paired with that meme, a bunch of people laughed until their ribs hurt.

But laughing, I suddenly realized a strange fact: a person who caused investors to lose 40 billion USD, the whole internet's hot topic isn't the disaster itself, but how he hid his money?

This is the most heartbreaking part—the narrative in the crypto world is so twisted. We obsess over all kinds of sensational stories, but we never truly ask the critical question: where should your assets be stored to be truly safe?

At that moment, I made a decision to consolidate the assets scattered across various wallets into a stablecoin platform based on an over-collateralization mechanism.

Someone laughed at me: "One joke scared you like this?"

I asked back: "When the entire industry is still joking about hiding wallets in the anus, don't you think our understanding of asset security is still in the primitive stage?"

Honestly, the core of the Do Kwon fiasco is the complete collapse of centralized trust. You give your money to a "big shot," and he might run away, falsify data, or hide the private keys somewhere only he knows. But this risk could have been eliminated at the source.

A proper stablecoin is different—it doesn't require you to "trust" any individual at all. Over 130% on-chain over-collateralization, real-time audits across the network, code logic written into the smart contract... this mechanism turns trust from a matter of personal integrity into a pure mathematical fact.

Your asset security doesn't depend on how good the founder's character is, nor on how clever someone's hiding techniques are, but solely on the unchangeable collateral rules in the code and the continuous supervision by global nodes.

This is true security.