The Bank of Japan raised interest rates last night, and many people were waiting to see the market crash. But what happened? The market remained dull as a dead water pool, with no signs of movement. Behind this seemingly strange calm, there are actually undercurrents — on one side, the Bank of Japan is slowly tightening the "main valve" of global liquidity; on the other side, large institutional funds from Europe and America are continuously flowing into the digital asset market. These two powerful forces are wrestling with each other, with retail investors caught in the middle, and a slight mistake could turn them into casualties under the shockwave.

Once you understand this situation, you'll realize a truth: during this period of confrontation between large funds and central bank policies, instead of blindly predicting who will win or lose, it's better to first build a "safe haven" for your assets. This is exactly the advantage of stablecoins.

When macro policies and institutional battles cause the market to be directionless and swinging, the advantages of stablecoins become evident. They do not rely on guessing when the storm will come but provide a steady option to navigate through the storm. Through over-collateralization and on-chain transparent mechanisms, stablecoins ensure that your asset value won't rapidly depreciate due to short-term market sentiment fluctuations or sudden liquidity tightening — something that any single cryptocurrency, even Bitcoin, finds difficult to fully achieve in extreme market conditions.

A smarter approach is to put stablecoins into various yield-generating scenarios within the ecosystem. You can protect your principal while continuously earning returns on a stable foundation. This is true defensive offense: while others are still debating who will win between institutions and central banks, your stable assets are quietly appreciating.