Multiple places remind to be wary of the new scam of "stablecoin investment."

ChainCatcher news, according to Jinshi Data reports, recently, some illegal organizations have taken advantage of the "stablecoin" hot concept by issuing or hyping so-called "virtual currencies," "digital assets," and "stablecoin investment projects," promising high returns to lure the public into investing funds for trading speculation, suspected of engaging in illegal financial activities.

In fact, such activities have significant characteristics of illegal fundraising risks. Their operational model often relies on absorbing funds from new investors to maintain operations or pay returns to earlier investors. Once the funding chain breaks or the project party absconds, investors will face the enormous risk of being unable to recover their principal.

In response, financial regulatory authorities in multiple regions have issued risk warnings, reminding the public to avoid being deceived.