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A Currency Can Lose Value. Trust Is Harder to Get Back.
The Turkish lira has lost 99.995% of its value against the US dollar since its peak.
Despite selling nearly $26 billion in gold and bonds this year, the lira continues to hit new lows.
That helps explain why Turkey is one of the world’s biggest stablecoin markets, with USDT seeing strong adoption.
This is more than a crypto story.
It’s a reminder that when confidence in a currency falls, people start looking for alternatives.
#USDT #Stablecoins #Crypto