- According to the founder of Cryptoquant, ‘Dark Stablecoins’ can be an answer to increasing the government control of legacy digital dollars.
- Community reactions were mixed; Some supported this, but some other claimed that BTC was a better alternative.
KI YOUNG JU, the founder of crypto pots, prediction The rise of ‘Dark Stablecoins’, which is strong in censorship in the future.
Young Ju insisted on an increase in government control on legacy. stablecoins Like the USDC and Tether’s USDT, you can accelerate the ‘Dark Stablecoins’ scenario.
Source: X
Bitcoin vs. Stable Coin
According to Young Ju Bitcoin (BTC) Early adapters accepted it because of censorship.
But brokers related to the regulated Starble Lecomin will make it difficult for legacy digital dollars to survive in government control.
The administration predicted that ‘Dark Stablecoins’ could be issued in a friendly country that does not impose ‘algorithm’ or financial control.
He cited Tether’s USDT as a potential Dark Stablecoin if the company chose the US regulations.
“The USDT itself is considered to be a censorship prevention stability. If the tethers does not comply with the US government regulations according to the future Trump administration, it can be dark in the increasingly censored Internet economy.”
Here, the US Starble Recon bill, especially the Senate Genius act, Propose strict control over coastal digital dollars for national security and consumer security purposes.
If the recipient is on the government’s blacklist, it includes a limited access function for digital dollars.
Young Ju’s outlook led to a mixed response. Some users have called Legacy Stablecoins to support ideas.BTC’s choke point. ‘
“Stablecoins, like third -party brokers, is Bitcoin’s choke point. Europe has already strengthened access to Bitcoin through Stablecoin regulations, and the United States also slowly controls USDT flow.
But others I believed The BTC was enough and no ‘dark stabilization coin’ was not needed.
Stablecoins is a digital currency woven with other digital or traditional currencies such as the US dollar, euro or gold.
As of May 25, Stablecoins, with US dollars, is the most dominant in this sector.
TETHER’s USDT and Circle’s USDC controls more than 90% of the market. Of the $ 242 billion in the STABLECOIN market, USDT ($ 149.9b) and USDC (60b) are $ 290 billion.