Recently, I've been looking into stablecoin "reserve disclosures." Frankly, transparency is usually ignored until there's a sudden change, and then everyone suddenly becomes an accountant.

De-pegging often isn't because the assets are truly gone, but because panic withdrawals happen first: you think you can exchange back immediately, but on-chain queues and exchange limits make you even more anxious.
Plus, when news of increased taxes or tighter regulations in certain areas comes out, deposit and withdrawal expectations tighten directly, and people holding stablecoins are more likely to think, "I'll just exchange it for something else first."
Anyway, before I vote, I only ask: who will continue to conduct audits, and who will bear the responsibility for information disclosure?
Let's talk again next time.