Ki Young Ju, founder and CEO of the analytical crypto platform CryptoQuant, has predicted that the cryptocurrency market may soon be filled with ‘dark’ stablecoins. These new digital assets, he says, will be resistant to government control and censorship. He noted that an example could be USDT if the company Tether refuses to comply with regulatory requirements.
This is reported by Бізнес • Медіа
The Emergence of a New Type of Stablecoin
Ki Young Ju emphasized that unlike traditional stablecoins such as USDT or USDC, the new assets may not adhere to government regulations or be issued by countries that do not implement financial censorship. He highlighted two possible scenarios for ‘dark’ stablecoins:
- algorithmic stablecoins that operate without centralized management;
- stablecoins issued by states that avoid global financial censorship.
Additionally, Ki Young Ju reminded that Bitcoin was created as an uncontrolled and decentralized cryptocurrency. However, stablecoins serve as a bridge between the internet and the real economy, thus requiring some level of management. As he noted, “companies like Tether and Circle hold cash reserves in banks. But as regulation increases, the situation is changing.”
The Future of Regulations in the Crypto World
The expert also expressed the view that in the near future, governments may:
- automate taxation through smart contracts;
- require wallet user identification;
- freeze funds for rule violations.
These factors are prompting participants in the crypto community to seek alternatives that will be resistant to censorship, including ‘dark’ stablecoins. Ki Young Ju also noted that Tether (USDT), which was previously considered one of the least censored stablecoins, could fall into the ‘dark’ category if the company refuses to comply with the requirements of the administration of U.S. President Donald Trump.
“If you know of any existing similar projects — let me know. I haven’t seen any yet, but they have potential,” said Ki Young Ju.
In conclusion, the expert predicted that assets related to ‘dark’ stablecoins could become promising for investment in the capital markets of the internet economy, although he warned readers about the necessity of conducting their own research.