The checklist

The stablecoin holder's risk checklist (10 checks, 10 minutes)

Ten honest questions to ask about your own stables. Work through them in 10 minutes — or let our 60-second snapshot do it (no wallet, no email). Not investment advice.

1

Do you actually hold the keys?

If it sits on an exchange, they control it, not you. Test a small withdrawal.
2

Are you concentrated in one issuer?

One USDx being your whole balance is one break condition away from a bad day.
3

Do you know each stablecoin’s break condition?

Fiat-backed vs algo vs LST-collateralised fail in different ways. Know which you hold.
4

Are any of your stables idle at 0%?

Idle money is a silent cost. Even a safe ~3.3% is real over a year.
5

Have you checked your token approvals?

Unlimited allowances are the most common drain vector. Revoke stale ones.
6

Do you know your exit liquidity?

A big position can move its own exit price. Book value ≠ exit value.
7

Are you being paid for a hidden tail?

Yield far above ~3.4% is compensation for a risk. What is it?
8

Can you react to a depeg in time?

Depegs happen in hours (USDC 2023). Do you monitor, or find out from a headline?
9

Do you understand the bridge/wrap risk?

A wrapped or bridged stable adds a second smart-contract risk on top of the issuer.
10

Can you verify the numbers you’re shown?

If a yield or a track can’t be re-derived, treat it as a claim, not a fact.

Don't want to do it manually? Our 60-second snapshot asks these for you and gives an honest, personalized result — no wallet, no email.

Take the snapshot →

Why these checks

Each item is a real way to lose money on "safe" stables: custody, concentration, the peg mechanism, idleness, approvals, exit liquidity, a hidden tail, depeg speed, bridges, and unverifiability. We built the whole desk around MEASURING these — and REFUSING when a yield is just compensation for them.

The refusal log → Our honest frame →

FAQ

How do I check if my stablecoins are safe?

Work through a short list: who holds the keys, issuer concentration, each coin’s break condition, idle yield, token approvals, exit liquidity, whether the yield hides a tail, depeg reaction time, bridge/wrap risk, and whether the numbers are verifiable. Our free 60-second snapshot turns that into a personalized result with no wallet connection.

What is the biggest hidden risk for stablecoin holders?

Two compete: token approvals (unlimited allowances that let a malicious contract drain a wallet) and custody concentration (all your stables on one exchange or in one issuer). Both are avoidable once you look.

Want an honest look at your own stables — with no promised returns?

60-second snapshot → The three honest tiers →