The stablecoin war is 100 times more brutal than imagined USD1 has not experienced substantial de anchoring, and based on current event analysis, it is highly likely to be a malicious attack, especially in the current market sentiment of the "startled bird" atmosphere, which did trigger a brief panic, but it is not a systemic risk This incident also highlights many deep-seated issues Who can survive the panic cycle and escape from the stablecoin market? How many times was USDT FUD in that year? Only by not dying can one become a king. USD1 has just entered the first level, which is an excellent stress test for USD1, especially in the current market sentiment It's definitely a good thing for USD1 Additionally, it should be noted that the market is not entirely dependent on "background premiums", and stablecoins are the most realistic track. There is only one iron rule here: Can we stabilize $1 for 365 days This incident also shows that the liquidity depth of USD1 is not deep enough, so once large amounts of funds enter and exit, arbitrage markets are concentrated, and market sentiment fluctuates, the price is easily "lifted up". This is not a death signal, but a typical stress response of emerging stablecoins But USD1 is not an algorithmic stablecoin, it has asset anchoring behind it, so it has not reached the true de anchoring kill line and will soon recover The extreme testing of USD1 is very beneficial for its development. Under such extreme pressure and extreme market sentiment, USD1 passed smoothly, and many stablecoins died at this stage Inspiration: USD1 has not experienced any detachment, with price fluctuations (<0.2%) within the normal range of stablecoin noise. The attack event only caused a brief market panic This is a typical attempt at market manipulation, not a deterioration of fundamentals Investors should prioritize verifying on chain price data and official channels to avoid overreaction. Indeed, many people have lost funds in this incident USD1 should also consider establishing a temporary emergency mechanism, such as immediately initiating deep hedging when there are short-term abnormal price fluctuations, to minimize the impact of short-term panic emotions