As a quant analyst who watches markets at 2 a.m., I’ve seen how stablecoins promise stability but deliver none. Their supply is unbounded, their trust unverified. Unlike gold, they’re not reserve assets—they’re speculative code running on public ledgers. This isn’t theory; it’s a behavioral trap masquerading as safety. Here’s what no one says: when everyone rushes to ‘buy the dip,’ check your wallet—it’s already empty.