Exchanges· ★★★· bullish·

Ripple Targets Turkey's $200 Billion Crypto Market Amid Lira Pressure

  • —Turkey's annual crypto transaction volume is estimated at nearly $200 billion by Chainalysis
  • —Garanti BBVA Kripto uses Ripple Custody and IBM infrastructure to safeguard assets
  • —RLUSD is distributed through Turkish platforms BiLira and Bitlo
  • —New safekeeping requirements for custodians took effect in June 2025
Why it matters: Turkey is emerging as a key market for stablecoins and bank custody as lira depreciation drives demand for dollar-backed assets.
#XRP#RLUSD
Source: Bitcoin.com
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