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Ripple expands the RLUSD stablecoin to the Turkish market

MarsBitNews
Mars Finance News: According to Cointelegraph, Ripple announced that by partnering with three local institutions—BiLira, Bitexen, and Bitlo—it has officially introduced its USD-backed stablecoin RLUSD into the Turkish market, providing enterprise-level USD liquidity support to Turkish institutional users.
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RetroRadioIridescence
· 21m ago
Three local organizations working together, the implementation speed should be fast.
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ForkingDrama
· 3h ago
Finally no longer just focusing on USDT; having an additional option is always good.
View OriginalReply0
LateBlockLarry
· 3h ago
The Turkish lira is highly volatile, and institutions indeed need to be anchored to the US dollar.
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SandwichAlertAgent
· 3h ago
Ripple's compliance efforts are becoming more and more smooth.
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GateUser-cb789e81
· 3h ago
This round is for B2B, retail investors won't be able to get a share for now.
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GateUser-9335da8b
· 3h ago
BiLira's name includes Lira, highlighting its local roots and strong native DNA.
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PfpArchaeologist
· 3h ago
USD stablecoin + local institutions, Ripple's move is well executed
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WalletHealthInspector
· 3h ago
Both Bitexen and Bitlo are now listed, opening up the landscape of local Turkish exchanges.
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SpiralCandlestickCollecting
· 3h ago
Enterprise-level liquidity support, institutional players rejoice
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GateUser-04e4dac2
· 3h ago
RLUSD has entered Turkey, and this BiLira collaboration is pretty interesting.
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