🇹🇷 #Ripple #XRP #RLUSD #Crypto #Turkey

Ripple is expanding its footprint in Türkiye, one of the world’s fastest-growing digital asset markets

Türkiye’s annual crypto transaction volume is approaching $200 billion, according to figures cited from Chainalysis by Ripple. The country is also facing continued pressure on its local currency, increasing demand for dollar-backed digital assets💵

Ripple is building its Turkish presence around two key areas:

🔐 Institutional custody — Garanti BBVA Kripto uses Ripple Custody for its crypto platform, supporting assets including BTC, ETH and XRP. The service has been extended to its entire customer base

💵 RLUSD distribution — Ripple’s dollar-backed stablecoin is available to Turkish institutions through local platforms including BiLira, Bitexen and Bitlo

🔥 Türkiye could become a major gateway for regulated dollar liquidity and institutional crypto infrastructure

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