I'm sure if Tether and USDC were to require KYC in order to use their stablecoins, we'd see a fair share of the market switch over to DAI, HBD, and other algorithmic stablecoins.
The upcoming battles between different stablecoins and cryptocurrencies is going to be interesting for sure.
Good Point
We may, but only if that happened today. If USDC and USDT got massive market share for payments among normies, I think that would be very hard to switch from.