Ki Young Ju, founder and CEO of CryptoQuant, tweeted that“dark stablecoins”are likely to emerge in the future. There are two possible ways to create such stablecoins: (1) algorithmic stablecoins that are not controlled by governments; (2) stablecoins issued by countries that do not enforce financial censorship. USDT was once considered a censorship-resistant stablecoin, and if Tether refuses to comply with U.S. regulations under a potential Trump administration, it could be regarded as a“dark stablecoin.”