Hello reesek,
Please do you know what kind of bonds? AAA bonds are not the same as lower rated bonds, and AAA european gov bonds are currently negative .
For information, Trusttoken has abandonned their project of TrueEUR due to negative interest rates (business not viable).
I see russians (CEO/CTO) + companies in Malta + Cyprus... hmmm, this cocktail is a little bit scary...
Anyway, I hope I'm wrong because it's very interesting to have a stablecoin in EURO.