#稳定币市场竞争 Seeing Tether launch the PearPass tool, I have to say—this is something that should have been done a long time ago.

Over the years on the chain, I’ve seen too many people suffer severe losses due to poor password management. Traditional cloud password managers sound secure, but in reality, they just put all your eggs in one basket. As soon as the server gets attacked, the entire account system is compromised. Several experienced players I know have been burned this way.

PearPass uses end-to-end encryption and P2P synchronization, keeping data entirely local. This approach is indeed solid. No intermediaries, no third-party servers, which means no inevitable attack surface. This is crucial for those who want to survive long-term on the chain—since stablecoin competition is intensifying, everyone is working hard to build trust, and security infrastructure is the foundation of that trust.

But I want to remind everyone: no matter how good the tool is, user habits are even more important. Device security, backup management, private key safekeeping—if these basics are not in place, even the best tools are useless. Those who take risks by relying on exchange custody or setting passwords like birthdays, tools won’t save them.

The stablecoin ecosystem is improving, but that’s just defense. The real risk always lies with the users.