Tether might also play a role in this upcoming chapter in the evolution of stablecoins if they decide not to cooperate with the U.S. government. “If Tether chooses not to comply with U.S. government regulations under a future Trump administration, it could become a dark stablecoin in an increasingly censored internet economy,” Young Ju stressed.
This seems unlikely given the long story of government collaboration with the stablecoin company. “I think dark stablecoin-related assets could have investment potential in the Internet capital markets,” Young Ju concluded.