Several direct, technical explications can be the given for the mentioned phrase, particularly, within the context of paraconsistent systems of logic, because the fundamental motivation of those systems is to allow a contradiction to hold, that is, both P and ¬P hold for some proposition P, but without "trivialising truth" (i.e., all propositions become true).
I shall bring forward an indirect, conceptual context to see the phrase under another, broader light. Trivialising truth, whether by contradiction or by some other notion, can be regarded as an extreme form of relativism. A concise definition of this generic position is offered in Emrys Westacott's IEP article on relativism as
Although there are many different kinds of relativism, they all have
two features in common.
(1) They all assert that one thing (e.g. moral values, beauty,
knowledge, taste, or meaning) is relative to some particular framework
or standpoint (e.g. the individual subject, a culture, an era, a
language, or a conceptual scheme).
(2) They all deny that any standpoint is uniquely privileged over all
others.
So, for example, suppose a social norm may allow, and even, encourage a behaviour in one society, while an antagonistic norm of another society may reject and strongly discourage such a behaviour. The relativist viewpoint, taken typically, tend to uphold that both attitudes should be accepted right, for each case has its own validating conditions, thus, render any moral evaluation insignificant.
Allowing contradictions in a logical system can be seen as an abstractive (hence, converting the sides to polar opposites) reflection of a relativist position in this sense: P is true by its truth conditions, and ¬P is also true by its own truth conditions. Thus, the notion truth is deflated to a trivial status with no essentially discriminating power; there remains nothing of interest to inspect and assess whether some assertion is true or false.