CryptoQuant CEO Ki Young Ju warns of the emergence of dark stablecoins in response to increasing global stablecoin regulations.
Dark stablecoins could utilize decentralized algorithmic systems to ensure censorship resistance and avoid government control.
Algorithmic stablecoins differ from traditional stablecoins as they maintain value through code-based supply adjustments rather than fiat reserves.
The CEO highlighted that Tether's USDT already exhibits some characteristics of a dark stablecoin and could set a precedent for semi-regulated stablecoins in the future.