According to Gate.io News bot, Ki Young Ju, the founder and CEO of CryptoQuant, elaborated on the concept of “dark stablecoins” on social media. He pointed out that dark stablecoins have two forms of creation: one is an algorithmic stablecoin that is not controlled by the government, and the other is a stablecoin issued by countries that do not enforce financial scrutiny.
Ki Young Ju mentioned that USDT was once regarded as an anti-censorship stablecoin. He illustrated that if Tether had refused to comply with U.S. regulatory requirements during Trump’s administration, USDT would fall under the category of “dark stablecoin.”
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CryptoQuant CEO anticipates the development trend of "dark stablecoins"
According to Gate.io News bot, Ki Young Ju, the founder and CEO of CryptoQuant, elaborated on the concept of “dark stablecoins” on social media. He pointed out that dark stablecoins have two forms of creation: one is an algorithmic stablecoin that is not controlled by the government, and the other is a stablecoin issued by countries that do not enforce financial scrutiny.
Ki Young Ju mentioned that USDT was once regarded as an anti-censorship stablecoin. He illustrated that if Tether had refused to comply with U.S. regulatory requirements during Trump’s administration, USDT would fall under the category of “dark stablecoin.”