What’s up with TrueUSD and the rest of TrustToken’s stablecoins?

The market cap of TrueUSD recently doubled to over $2 billion, but the stablecoin is still surrounded by opaque ownership and behavior.
The market cap of TrueUSD recently doubled to over $2 billion, but the stablecoin is still surrounded by opaque ownership and behavior.
Fed chair Jerome Powell warned of more inflation pain but claimed that stablecoins will have a part to play in the financial system.
Heka sub-fund Elysium Global Arbitrage Fund buys Tether from one exchange and sells it on another, taking the difference in the spread.
Sun’s TUSD has seen its market cap go from $750M to nearly $1.2B despite it not being able to get regular attestations from its auditor.
Malta-based Tether client and stablecoin whale Heka Funds regularly turns a profit and since inception has seen returns of 100%.