Yesterday, the protocol on Near was hacked, and Tether froze 3.29M stolen assets as soon as it received the news. The CEO posted a simple tweet: Tether cares. The result exploded, with 130000 views in a few hours, nearly a thousand likes, and even someone writing 'Long live Tether' in the comment section Why? Not yet highlighted by peers. Both have been blacklisted and are issuers of stablecoins, The reactions of Circle and Tether are like products of two different eras. During the Drift incident, the community immediately called for Circle to freeze its funds, So what? Selective deafness. I kept dragging it out until the public opinion could no longer withstand it, and then I made a public announcement: We need compliance approval and cannot freeze it arbitrarily That's right, but the problem is that users' money is being hacked, and you're talking about the process. At that moment, the feeling was just one word: cold Looking at today, after Near's incident, Tether's reaction was to freeze it directly and stop bleeding first. Without a bunch of process explanations or a lofty attitude, it's just a simple logic: First, keep the user's money safe And don't forget, Tether even took over 100 million US dollars in real money to help Drift clean up the mess Comparing two things is actually quite eye-catching: One is thinking about 'compliance or non-compliance', One is thinking 'should we save'. An increasingly traditional financial institution, One is actually more like a crypto fundamentalist. Circle clearly grew out of the wild soil of crypto, but its current state is bureaucratic, sluggish, and process oriented. More and more like a traditional financial institution sitting in an office, rather than a participant standing with users. The feeling of 'I just follow the rules, it's none of my business', to be honest, is quite discouraging. Looking at Tether in reverse, many people used to think it wasn't "legitimate" enough, but in critical moments, it at least stood on the side of users and knew what users really cared about. I know there are already a lot of Circle friends sitting on Crcl now, but this time it's a bit frustrating. Investing and watching habits are two different things. It's not a matter of who is more compliant, But who is more like themselves in the past.