Ripple Is Expanding Into Turkey as the Lira Falls. It Is Selling Custody and a Stablecoin, Not XRP.
8 Articles
8 Articles
Ripple Is Expanding Into Turkey as the Lira Falls. It Is Selling Custody and a Stablecoin, Not XRP.
Ripple just signed deals with a major Turkish bank and three local exchanges, but XRP holders may not see a single benefit from any of it. Here is why Ripple's fastest-growing market could actually work against its own token.
Ripple expands its presence in Turkey with custody services for Garanti BBVA and RLUSD available in three exchanges, in a market where the depreciation of the lira drives the search for alternatives linked to the dollar. The expansion, however, does not require using XRP nor does it alone demonstrate that the demand for token increases.
Ripple Is Expanding Into Turkey as the Lira Falls. It Is Selling Custody and a Stablecoin, Not XRP
The post Ripple Is Expanding Into Turkey as the Lira Falls. It Is Selling Custody and a Stablecoin, Not XRP. appeared first on 24/7 Wall St.. Ripple is offering two key products in Turkey, and neither requires users to hold its token, XRP (CRYPTO:XRP). The Ripple Turkey expansion focuses on…
Ripple Eyes Türkiye’s $200B Crypto Market as RLUSD and Bank Custody Gain Ground
Key Takeaways: Retail trading is estimated to have reached approximately $40 billion in early 2026 and crypto transaction volume has exceeded $200 billion in a year in Türkiye. Ripple continues
Ripple Targets Turkey's $200 Billion Crypto Market Amid Lira Pressure
Turkey’s large crypto market is creating opportunities for bank custody and dollar-backed stablecoins, according to Ripple. The company ties its local strategy to currency pressure and evolving regulations as institutions follow consumers into digital assets. Turkey’s $200 Billion Market Meets Evolving Banking Rules Turkish consumers and businesses are gaining access to crypto storage and dollar-backed […]
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