Opportunistic Ethereum Trader Exploits TrustToken’s TrueUSD Suspension to Capitalize on Market Volatility

TrustToken’s recent decision to temporarily suspend mints and redemptions of its stablecoin, TrueUSD (TUSD), through its banking partner, Prime Trust, has created a window of opportunity for astute Ethereum traders to capitalize on the situation. Leveraging on-chain data and the lending platform Aave’s v2, one trader strategically utilized their collateral to borrow and sell TUSD, establishing a short position on the asset.