Crypto Users May Shift to ’Dark Stablecoins’ Amid Regulatory Pressures
Stablecoins backed by fiat or assets like US treasuries once served as a solution to volatility and usability issues in the cryptocurrency ecosystem. Now, the rise of ’dark stablecoins’—decentralized alternatives operating outside regulatory oversight—is gaining traction as governments tighten rules.
Some dark stablecoins already rank among the top 10 by supply, according to CoinMarketCap. Unlike traditional options such as USDT or USDC, these assets enable parties to transact without centralized control, appealing to crypto degens seeking autonomy.
The clash between politics and crypto is accelerating this shift. As regulators target mainstream stablecoins, dark stablecoins could emerge as a defiant countermeasure, reshaping liquidity and adoption dynamics.