Wen Lu

About the byline

Wen Lu is a pen name used on StableDesk articles. The pieces cover how stablecoins are issued and redeemed, what backs them, and how they move between chains and exchanges.

How sources are used

Reserve paragraphs are written from what the issuers themselves publish: Tether's quarterly attestation reports, Circle's monthly USDC attestation reports, First Digital's reports for FDUSD and Paxos's statements for PYUSD and USDP. A reserve figure is tied to the report it came from.

Fee figures, bridge routes and withdrawal allowances come from the bridges' and exchanges' published fee schedules and public on-chain records, with the date of the reading noted.

Coverage areas

• USDT and USDC issuance mechanics, redemption channels and reserve composition.
• Cross-chain bridges and CEX cross-chain routes across Ethereum, Tron, Solana, BNB Chain, Polygon, Arbitrum and Base.
• The history of stablecoin depeg events, including the 2018 USDT episode, the 2022 Luna collapse, the 2023 USDC SVB weekend and the TUSD-Techteryx period.
• Binance operational mechanics where they touch stablecoins (the BUSD wind-down, FDUSD adoption, USDT cross-chain support).

Selected pieces

• USDT vs USDC, the 2026 report — the cornerstone comparison.
• What is a stablecoin, in ten minutes — the primer for new readers.
• 20 Questions New Stablecoin Holders Often Ask — the FAQ.

The Chinese-edition portfolio is wider; the bilingual byline appears on most cornerstone pieces under the name 陆稳.

Referral disclosure

StableDesk publishes a Binance referral code and may earn a commission when readers sign up through it. Details are on the disclaimer page.

Contact

Email [email protected]. For fact corrections, source pointers, or editorial enquiries.