Exchanges· ★★★· bullish·

Ripple Flags Turkey as Digital Assets Hub With Garanti BBVA Custody and RLUSD Rails

  • —Turkey's retail crypto trading volume rose 7% YoY to about $40 billion in early 2026
  • —Garanti BBVA Kripto runs Ripple Custody across its full customer base for BTC, ETH and XRP
  • —RLUSD is now live on Turkish platforms BiLira, Bitlo and Bitexen
  • —Turkey's 2024 Law No. 7518 and 2026 custody rules created a licensed regime for Ripple
Why it matters: Turkey is becoming a bank-grade market for Ripple: custody brings recurring infrastructure revenue while RLUSD competes with USDT and USDC amid lira pressure.
Source: CoinGape