Got to the bottom of the Ark astroturf, an "anon" fighting me over it accidentally revealed a little too much about themselves.

Big-stablecoin is behind it, that's why all the paid fluffers are out.

All makes sense now since it's Centralized/Surveilable, double-spendable, and results in negative yield via rounds.

Also doubt that it's being proposed shortly after Taproot Assets is a coincidence.