CryptoQuant的创始人兼首席执行官Ki Young Ju对加密货币世界中可能的新发展（即所谓的“ Dark Stablecoins”的兴起”提出了一个警示旗。

CryptoQuant的创始人兼首席执行官Ki Young Ju对加密货币世界中可能的新发展（即所谓的“ Dark Stablecoins”的兴起”提出了一个警示旗。

Ki Young Ju, the founder and CEO of CryptoQuant, has raised a cautionary flag regarding a possible new development in the crypto world—the rise of so-called “dark stablecoins.” In a recent tweet, he suggested that the development of these stablecoins could happen in the near future because of increased demand for currencies that resist financial censorship.

CryptoQuant的创始人兼首席执行官Ki Young Ju对加密货币世界中可能的新发展（即所谓的“ Dark Stablecoins”的兴起”提出了一个警示旗。他在最近的一条推文中建议，由于对抵制金融审查制度的货币需求的增加，可能会在不久的将来发生这些稳定菌的发展。

I think "Dark Stablecoins" will be a thing in the next bull market.

我认为“黑暗稳定者”将是下一个牛市的一回事。

They'll emerge in 2 ways:

他们将以两种方式出现：

1. Algorithmic stablecoins that are not controlled by any gov.

1。不受任何政府控制的算法stablecoins。

2. From countries that don't impose strict financial regulations.

2。来自不施加严格金融法规的国家。

People will seek them as a means to avoid overreach & maintain privacy.

人们将寻求它们作为避免过度透露和维护隐私的一种手段。

— Ki Young Ju 크립토퀀트 (@CryptoQuant_) March 28, 2023

-Ki Young Ju Cryptoquat（@cryptoquant_）2023年3月28日

Ju Predicts Rise of Algorithmic and Unregulated Stablecoins

JU可以预测算法和不受管制的稳定的升高

According to Ju, such currencies could develop in two ways: first, through algorithmic stablecoins that work without government control. Additionally, they could emerge from countries that do not enforce strict financial regulations.

根据JU的说法，这种货币可以通过两种方式发展：首先，通过无需政府控制的算法稳定的stablecoins。此外，他们可能会从不执行严格的金融法规的国家中出现。

This development signals a wider pattern in the ways that governments and institutions interact with digital assets. Even though Bitcoin was created by the cypherpunk community as a fully decentralized and censorship-resistant network, stablecoins have always operated with a distinct model. These coins act as a bridge between digital currencies and the real economy, so they depend on central oversight to maintain their peg to existing monetary systems, achieved primarily through the use of reserve bank accounts.

这种发展标志着政府和机构与数字资产互动的方式，这标志着更广泛的模式。即使比特币是由Cypherpunk社区创建的，是一个完全分散的耐心网络，但StableCoins始终以独特的模型运行。这些硬币充当数字货币与实际经济之间的桥梁，因此它们依靠中央监督以维持对现有货币系统的钉子，这主要是通过使用储备银行帐户实现的。

The firms Tether and Circle are instrumental in the issuance of stablecoins, and these have grown in vast popularity because governments have largely overstablecoins them, with the exception of cases related to money laundering or fraud.

这些公司的束缚和圈子在发行稳定的情况下发挥了作用，这些案件在广泛流行中增长，因为政府在很大程度上过分稳定了它们，除了与洗钱或欺诈有关的案件。

Of course, regulatory trends are changing rapidly. Increasingly, governments are approaching stablecoins with the same regulatory view as traditional financial tools. New regulations may restrict how people use stablecoins. For example, smart contracts could collect taxes on transactions. Users may also need to provide paperwork to manage their digital wallets. As a result, the popularity of traditional stablecoins among those seeking anonymity or greater independence from state monitoring might decline, driving usage of more unregulated networks.

当然，监管趋势正在迅速变化。政府越来越多地接近具有与传统金融工具相同的监管观点的稳定币。新法规可能会限制人们如何使用稳定的法规。例如，智能合约可以收取交易税。用户可能还需要提供文书工作来管理其数字钱包。结果，在寻求匿名或与国家监测独立的人中，传统稳定的人的流行可能会下降，从而推动使用更不受监管的网络的使用。

Ju Warns USDT Could Become ‘Dark Stablecoin’ Amid Regulatory Push

JU警告USDT可能会在监管推动中变成“深色Stablecoin”

Ju suggests that one possible outcome could revolve around USDT, Tether’s stablecoin. If Tether does not obey future U.S. government regulations, particularly during a stricter administration like a second Trump term, USDT’s high status as an icon of crypto financial freedom may change. In such a case, USDT itself might transition into being classified as a dark stablecoin due to its noncompliance with regulatory standards.

JU建议，一个可能的结果可能围绕Tether的Stablecoin USDT旋转。如果系泰特（Tether）不遵守未来的美国政府法规，尤其是在更严格的政府期间，例如第二个特朗普任期，USDT作为加密财务自由的象征的高地位可能会改变。在这种情况下，由于其不遵守监管标准，USDT本身可能会过渡为被归类为黑暗稳定的。

The concept of dark stablecoins is picking momentum as the crypto community wrestles with the problem of how to keep decentralization as the internet economy becomes more surveilled. Although there’s no fully decentralized stable coin that follows the price of regulated coins such as USDC, a possibility remains. Such a coin could use decentralized oracles like the Chainlink to follow pricing information, while sidestepping the powers of centralization.

黑暗稳定的概念正在挑选势头，因为加密货币社区与如何保持权力下放的问题有关，随着互联网经济的监视，如何保持权力下放。尽管没有完全分散的稳定硬币遵循USDC等受监管硬币的价格，但仍然存在可能性。这样的硬币可以使用链链链接（例如链链接）等分散的门来遵循定价信息，同时避开集中化的力量。

Finally, a warning by Ki Young Ju indicates an emerging contradiction in the digital finance space. With states advancing to claim control over crypto assets, we may see a new generation of stablecoins launch to satisfy a greater need for financial privacy and censorship resistance. Whether these dark stablecoins will thrive or face swift crackdowns remains to be seen. But one thing is clear that the battle between decentralization and regulation in the crypto space is far from over.

最后，Ki Young Ju的警告表明，数字融资领域存在矛盾。随着各州促进对加密资产的控制权，我们可能会看到新一代的Stablecoins推出，以满足对财务隐私和审查抵抗的更大需求。这些黑暗的稳定剂是否会蓬勃发展，还是面临迅速的镇压仍然有待观察。但是，很明显，加密空间中的权力下放和监管之间的战斗还远远没有结束。