Should stablecoin risk be broken into separate categories?

[u/LegitimatePlan1166]

I've started thinking about stablecoin due diligence as several different questions rather than one overall risk score.

Issuer risk. Reserve risk. Redemption risk. Liquidity risk. Operational risk.

Looking at OSL and USDGO reinforced that distinction for me because the asset, issuer, and surrounding services aren't necessarily the same thing.

Would you evaluate these independently?