Against the backdrop of tightening regulations on stablecoins, investors may turn their attention to 'shadow' analogs of 'stable coins'. According to Ki En Zhu, head of CryptoQuant, regulators may require automatic tax collection through smart contracts and organize the blocking of the wallets of violators.
This opinion was shared by the expert amid the preparation of a law in the USA on the use of 'stable coins' for payments. Regulatory rules may reflect a set of requirements from MiCA, which were introduced in the EU.
Ki En Zhu noted that 'shadow' stablecoins are resistant to censorship and operate on algorithmic mechanisms. Examples of technologies for working with such coins already exist: Zcash, Monero, Zephyr Protocol, and PARScoin.
