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<p>Ripple has announced that its dollar-pegged stablecoin <a href="https://x.com/search?q=%24RLUSD&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$RLUSD</a> is now available in Türkiye through three local exchanges: BiLira, Bitexen, and Bitlo. The move marks a significant step in the stablecoin's push into emerging markets where demand for dollar-denominated assets is running high.</p>
<h2 id="a-market-built-for-dollar-stability">A Market Built for Dollar Stability</h2>
<p>Türkiye's appetite for digital dollars is well documented. <cite>Roughly 25.6% of the Turkish population currently owns cryptocurrency, with adoption reaching 52% among adults aged 18 to 60.</cite><cite>Turkey facilitated nearly $200 billion in annual crypto transactions in 2025, a volume that dwarfs the rest of the region, according to blockchain analytics firm Chainalysis.</cite> Much of that activity is driven by practical need. <cite>Years of severe lira devaluation and high inflation have pushed Turkish citizens toward digital assets, with demand increasingly driven by inflation hedging and value preservation rather than speculation.</cite></p>
<p>Ripple director Reece Merrick has pointed to this dynamic as central to the company's interest in the country. <cite>"Stablecoins like RLUSD will play a vital role as a stable USD alternative amid lira volatility, supporting cross-border payments and financial resilience," he said.</cite></p>
<h2 id="rlusd-s-rapid-growth">RLUSD's Rapid Growth</h2>
<p><cite>RLUSD has reached a $1.72 billion market cap in less than a year, with more than $18 billion in transfer volume in Q1 2026 alone.</cite><cite>The growth from $132 million a year ago to over $1.6 billion is real, with roughly $370 million added to its circulating supply in April alone.</cite><cite>RLUSD is backed by reserves including U.S. dollar deposits, short-term U.S. Treasuries, and other cash equivalents.</cite></p>
<p>Türkiye is not the only market on Ripple's radar. <cite>Ripple has identified Turkey, Nigeria, and the UAE as priority markets for the global expansion of $RLUSD.</cite><cite>Stablecoin transaction volume reached $33 trillion in 2025, double Visa's annual volume, with 72% year-over-year growth.</cite> Ripple says demand for regulated, enterprise-grade stablecoins continues to rise as traditional financial institutions deepen their engagement with blockchain infrastructure.</p>
<p><strong>Sources</strong><br><a href="https://u.today/ripple-extremely-bullish-on-turkey-exec-says" rel="noopener noreferrer nofollow">U.Today: Ripple 'Extremely Bullish' on Turkey, Exec Says</a><br><a href="https://247wallst.com/investing/2026/05/26/rlusd-just-crossed-1-6-billion-market-cap-heres-why-its-not-helping-xrp/" rel="noopener noreferrer nofollow">24/7 Wall St.: RLUSD Just Crossed $1.6 Billion Market Cap</a><br><a href="https://www.businesswire.com/news/home/20260429310890/en/Ripple-and-OKX-Partner-to-Expand-RLUSD-Access-and-Global-Liquidity" rel="noopener noreferrer nofollow">Business Wire: Ripple and OKX Partner to Expand RLUSD Access and Global Liquidity</a></p>

Ripple's RLUSD Expands Into Turkey

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