Ripple's RLUSD Now Available in Turkey
News By Alex Dovbnya Tue, 2/06/2026 - 7:43 Enterprise blockchain firm Ripple has launched its USD-backed stablecoin, Ripple USD (RLUSD), in Turkey. Advertisement
Ripple's highly regulated RLUSD stablecoin, which competes directly with the likes of Circle's USDC, has grown to a market capitalization of over $1.7 billion.
AdvertisementThe token is already available on such major platforms as Binance, Bitstamp, Kraken, and OKX.
The decision to expand into Turkey is not surprising, considering that it is a high-volume digital asset corridor.
HOT Stories XRP, Shiba Inu (SHIB), Bitcoin (BTC) and Dogecoin (DOGE) Price Analysis for June 2nd: Chances for Bull Run Are Slim Death to Liquidations: Vitalik Pitches Options-Based DeFiAccording to the Chainalysis 2025 Geography of Crypto Report, Turkey remains the dominant cryptocurrency market in the Middle East and North Africa (MENA) region. It processed a whopping $200 billion in annual transaction volume.
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Global infrastructure providers can now integrate with domestic entities.
AdvertisementBiLira, Bitexen, and Bitlo will use RLUSD as a dollar-denominated settlement asset for their corporate and institutional clients.
Turkish residents are permitted to hold and trade stablecoins via licensed providers.
An educational effort
Ripple has also added Istanbul Technical University (ITU) to its global University Blockchain Research Initiative (UBRI).
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The educational partnership is funded via RLUSD and will provide financial support for graduate fellowships and blockchain research projects.
ITU will also host and operate an XRP Ledger (XRPL) validator node on its campus.
#Ripple News #RLUSD #Turkey #Cryptocurrency Adoption Advertisement
