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Turkish lira-pegged stablecoins most widely used after dollar tokens, Zodia says

PARIS, June 2 : Stablecoins pegged to the Turkish lira were the second-most widely used stablecoins among clients at Standard Chartered's crypto subsidiary last year, although volumes remain small compared to dollar-pegged tokens, Zodia Markets said on Tuesday.Stablecoins, a type of cryptocurrency pegged to f

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Turkish lira-pegged stablecoins most widely used after dollar tokens, Zodia says

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Turkish lira-pegged stablecoins most used after dollar, exchange says

Turkish lira stablecoins hit $3.4B at Zodia Markets in 2025, ranking second after dollar-peg, driven by faster and cheaper settlement versus correspondent banking. The trend reveals real enterprise demand for local-currency stablecoins in markets with weak banking infrastructure—utility-based adoption beyond crypto trading.

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martedì 2 giugno 2026·channelnewsasia.com
Turkish lira-pegged stablecoins most widely used after dollar tokens, Zodia says
PARIS, June 2 : Stablecoins pegged to the Turkish lira were the second-most widely used stablecoins among clients at Standard Chartered's crypto subsidiary last year, although…
mercoledì 3 giugno 2026·dailysabah.com
Turkish lira-pegged stablecoins most used after dollar, exchange says
Stablecoins pegged to the Turkish lira were the second-most-used stablecoins among clients of the digital asset exchange of banking giant Standard...