Wu said that CryptoQuant founder and CEO Ki Young Ju tweeted that "dark" stablecoins are likely to emerge in the future. There are two ways to create dark stablecoins: 1. Algorithmic stablecoins not controlled by the government; 2. Stablecoins issued by countries that do not enforce financial scrutiny. USDT was once considered an anti-censorship stablecoin, and if Tether refuses to cooperate with U.S. regulators during the Trump administration, it may be regarded as a "dark stablecoin."