@ki_young_ju: Dark stablecoins could emerge as censorship-resistant alternative

I understand the notion of "dark stablecoins", but I really don't like the flavor it adds to it. Is it really "dark" when the reserves and collateral are 100% onchain provable - is't exactly that turning everything upside down. Where the 100% on-chain stablecoin should actually be a "while stablecoin" while those who keep reserves in the dark (literally) through treasuries, tradFi banks, censorability etc - aren't these the dark ones? It's kind of baffling to me that just because it becomes censorship resistant (mind you, not necessarily illegal), it becomes a "dark" thing.

+1, transparency is the opposite of 'dark'