Ripple Expands RLUSD Stablecoin to Türkiye's Growing Crypto Market
Ripple has expanded its USD-backed stablecoin, RLUSD, into Türkiye's digital asset market, partnering with local platforms BiLira, Bitexen, and Bitlo. This move is part of Ripple's strategy to capture institutional digital asset flows across Europe and the Middle East. Since its debut in 2024, RLUSD has reached a market capitalization of $1.7 billion. Türkiye, a leading digital asset hub in the MENA region, facilitates nearly $200 billion in annual crypto transactions. The country's regulatory framework, established by the Capital Markets Board in 2024, has shifted focus from speculative retail trading to a regulated corporate environment, enabling Ripple's integration. 
