Skip to main content
syn
Daily Digest
Business

Turkish lira stablecoins second most used at Zodia

Published Tuesday, June 2, 2026 · Updated June 3

Share on X

Source Balance

Limited Data
Left 0%Center 100%Right 0%

Coverage is limited to a single source, potentially lacking diverse perspectives.

Media Analysis

AI synthesis

Zodia Markets reported that in 2025, Turkish lira-pegged stablecoins were the second most used stablecoins on its platform, after dollar-pegged tokens. This indicates a significant volume of $3.4 billion in lira-pegged transactions, compared to $110.5 billion for dollar-pegged and tens of millions for euro-pegged stablecoins.

What We Know — Key Points

  • In 2025, Zodia Markets handled $110.5 billion in dollar-pegged stablecoin transactions, $3.4 billion in lira-pegged stablecoins, and tens of millions in euro-pegged stablecoins.

What Is Claimed — Perspectives

  • Channel News AsiaCenter

    The article reports on the surprising prevalence of Turkish lira-pegged stablecoins in crypto transactions, suggesting a potential shift in demand towards non-G10 currencies in regions with weaker financial infrastructure.

AI-Generated Content

  • This topic was generated by an AI system.
  • Key points, perspectives, bias labels, and categorisation may contain errors.
  • This is not journalism. Do not rely on this content for critical decisions.
  • Read our full AI disclaimer for details.