Lira-Backed TRYB Token Becomes World's Second-Largest Non-Dollar-Pegged Stablecoin

Still, even though TRYB looks to have gathered traction in Turkey, USDT remains dominant. In the past 24 hours, the USDT/TRY pair listed on the largest Turkey-based crypto exchange, BtcTurk, has seen a trading volume of $12.3 million, accounting for 18% of the total activity on the exchange. Meanwhile, the total volume in TRYB trading pairs listed on MECX, Pangolin and Icrypex is just $61,700.