Following TrustToken’s choice to briefly droop the issuance and redemption of the TrueUSD() stablecoin by means of its banking accomplice Prime Belief, one dealer took benefit of the state of affairs to provoke an on-chain brief place.

In response to on-chain information, customers are used Deposited 7.5 million on Aave’s v2 lending platform (USDC) as collateral. They then borrowed his 4 million TUSD and instantly bought it to USDC. This technique of borrowing and promoting shortly is usually used to ascertain a brief place on a specific asset.

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