I just came across a brother's painful experience: while doing P2P in Pakistan, the buyer showed a payment screenshot, and the EasyPaisa balance also showed the money was received, so he released the USDT. As a result, ten minutes later, the money was withdrawn, and he was scammed.

I understand this pain. In the crypto world, we not only have to face market fluctuations, but also beware of various scams - fake screenshots, fake payments, fake identities... especially when exchanging fiat currency, every step is nerve-wracking.

This also makes me think: is there a way to make our exchange of stablecoins safer, more direct, and more avoid human fraud risks?

The answer is: choose more transparent and reliable stablecoin exchange channels. This is also why I increasingly value projects like @usddio when selecting stablecoins.

#USDD is seen as stable and trustworthy, and this 'trust' is reflected not only in price stability but also in the security and transparency of its exchange mechanism:

1:1 direct exchange, without going through untrusted third parties
USDD supports users to exchange directly at a 1:1 ratio through mechanisms like PSM (Peg Stability Module), avoiding risks of 'screenshot scams' and 'payment retraction' fundamentally without going through P2P sellers.

Completed on-chain, fully traceable
All exchanges are conducted on-chain, with records being public and transparent, leaving no gray area for 'received and retracted' operations. You know where your assets are at every step.

Sufficient liquidity, available across chains
Whether on TRON, Ethereum, or BSC chains, USDD has ample liquidity support, allowing you to complete exchanges or trades quickly and with low slippage without relying on high-risk fiat channels.

Practical advice for all brothers:

  1. Be cautious with P2P transactions: If you must proceed, prioritize bank transfers over e-wallets, and ensure that the payment is fully received and non-retractable before releasing cryptocurrency.

  2. Make good use of stablecoins as a bridge: Converting USDT, USDC, etc., to @usddio for on-chain transfers or holding is safer and more controllable than directly trading fiat currency.

  3. Choose stablecoins with transparent mechanisms: Among the many stablecoins, prioritize assets like USDD that have clear reserve mechanisms and support direct 1:1 exchanges to reduce scams and uncertainty.

Safety is always the top priority. In times of market volatility, we can still rely on strategies, but in the face of scams, a single oversight can lead to total loss.

I hope this brother's experience can warn more people. I also hope everyone can make better use of safe and stable tools like USDD on the road to asset conversion to protect their hard-earned wealth.

Follow me to walk more steadily and further in the crypto space.

@USDD - Decentralized USD #USDD以稳见信