CoinVoice recently learned that Ki Young Ju, the founder and CEO of CryptoQuant, stated on the X platform that 'dark' stablecoins are likely to emerge in the future. Stablecoins serve as a bridge between the internet and the real world, so there needs to be someone to manage them. So far, companies like Tether and Circle have achieved this by depositing cash reserves in banks. Apart from combating money laundering activities, governments have not really intervened in stablecoins, allowing various groups, including miners, to use them as safe storage for assets.
However, this situation is changing, and stablecoins may face strict government regulation, just like traditional banks. Those who use stablecoins for large international transfers may start looking for 'dark stablecoins' that can withstand censorship. There are two ways to create dark stablecoins: algorithmic stablecoins not controlled by the government, and stablecoins issued by countries that do not censor financial transactions.
USDT itself was once considered a censorship-resistant stablecoin. If Tether chooses not to comply with U.S. government regulations under a future Trump administration, it could become a dark stablecoin in an increasingly censored internet economy. [Original link]
