Crackdowns on Stablecoins Could Spark Rise of Privacy-Focused ‘Dark’ Alternatives

According to CryptoQuant CEO Ki Young Ju, crypto users around the world may shift toward “dark stablecoins” offering greater privacy and censorship resistance, especially as stablecoin regulations tighten. With governments ramping up surveillance, tax enforcement, and wallet restrictions, these alternatives could gain traction—particularly if major issuers like Tether resist compliance.