Ripple Brings RLUSD Stablecoin to Türkiye Through Three Local Platforms

Türkiye has a cryptoasset ecosystem worth about $200 billion, while volatility in the local currency has fueled demand for U.S. dollar stablecoins. Ripple launched RLUSD in late 2024 as dollar-denominated infrastructure for payments, asset tokenization and collateral services.

Ripple has announced partnerships with Turkish platforms BiLira, Bitexen and Bitlo to bring RLUSD to the local market and broaden user access. Since its launch in late 2024, RLUSD's circulating market capitalization has reached $1.7 billion, further expanding its use in payments and digital assets in Türkiye.