Crypto news

Are ‘Dark Stablecoins’ the Next Big Thing? CEO of Cryptoquant Thinks So!

BBG News

Ki Young Ju, CEO of Cryptoquant, is dropping truth bombs: with all these regulations looming, the rise of ‘dark stablecoins’—basically money that’s got no government breathing down its neck—could be just what people need for large transfers and maybe some stuff that could get them in trouble. Ah, sweet freedom! 💸🌑

Cryptoquant CEO Predicts Rise of ‘Dark Stablecoins’ in Face of Upcoming Regulation

So, apparently, stablecoins are now like that trendy juice cleanse everyone’s talking about, and the government is scrambling to slap some rules on it. But here’s the twist: Cryptoquant’s Ki Young Ju thinks a new kind of stablecoin—let’s call them ‘dark stablecoins’ (sounds cool, right?)—is about to make its debut. These aren’t your average, run-of-the-mill stablecoins. Nope, these bad boys are like that secret club you didn’t know existed. 🕶️

Ki Young Ju believes that as the government tightens its grip on regular stablecoins, people will start to look elsewhere for that sweet, sweet dollar peg. It’s like the cool new kid at school who isn’t playing by the rules. Companies like Circle and Tether have been happily storing their assets in banks, and the government pretty much leaves them alone unless there’s some shady business happening. But hold on tight—this is about to change. With all the techy talk about on-chain scrutiny (taxes through smart contracts, anyone?), we might soon see the rise of the dark side. The ‘dark stablecoins.’ Dun dun dun. 😈

Dark stablecoins, according to Ju, could be programmed in two snazzy ways: one way could be with algorithms that make sure they stay pegged to the U.S. dollar (although, let’s be real, most of these have already failed miserably—hello, TerraUSD?). The other way could be stablecoins from countries that don’t seem to care much about censoring people’s finances. Like a free-spirited vacation in money form. 🌴💰

Oh, and let’s talk about Tether for a sec. If Tether decides to play rebel and refuse to cozy up to the U.S. government, it could become the ultimate dark stablecoin in an internet economy that’s becoming more and more like the movie ‘1984.’ And who wouldn’t want a front-row seat to that drama? Ju even said, “If Tether chooses not to comply with U.S. government regulations under a future Trump administration, it could become a dark stablecoin.” Talk about living on the edge, Tether! 🔥

Now, Ju’s not saying this is a sure thing. He’s basically betting that dark stablecoins could become the next big thing in the wild world of internet capital markets. But who’s really in charge here, anyway? 🤷‍♀️

Read More

2025-05-13 01:17

Previous post The New Avengers Are Way Weaker Than the Originals—Here’s Why Marvel Waited to Introduce Them
Next post Robert Irwin Arrives Alone at Steve Irwin Gala as Bindi Rushed to Hospital for Emergency Surgery