According to BlockBeats, Ki Young Ju, founder and CEO of CryptoQuant, recently suggested on the X platform that 'dark stablecoins' might emerge in the future. Stablecoins serve as a bridge between the internet and the real world, necessitating management. Companies like Tether and Circle have achieved this by depositing cash reserves in banks. While governments have primarily focused on combating money laundering, they have not significantly intervened in stablecoins, allowing various groups, including miners, to use them as secure asset storage.
However, this situation is changing as stablecoins may face stringent government regulations similar to traditional banks. Individuals using stablecoins for large international transfers might seek 'dark stablecoins' that can resist censorship. These could be created in two ways: algorithmic stablecoins not controlled by governments or state-issued stablecoins that do not censor financial transactions.
USDT was once considered a censorship-resistant stablecoin. If Tether chooses not to comply with U.S. government regulations under the administration of U.S. President Donald Trump, it could become a 'dark stablecoin' in the increasingly scrutinized internet economy.