BiLira, the new Turkish stablecoin that joins BTSE
The new tool allows Turkish users to facilitate lower rates through remittances
The crypto exchange BTSE has decided to incorporate the Turkish stablecoin BiLira (TRYB) to its platform with the aim of offering investors a new ramp to access the crypto markets.
As reported by BTSE co-founder and CEO Jonathan Leong, the new tool “enables Turkish users to provide lower rates through remittances, as well as instant settlement times for TRYB users.”
In an interview to Cointelegraph, Leong reported that BTSE has managed to stabilize itself in the crypto market, reaping “a strong and growing community in Turkey” signaling “an increase in demand for trading options through the Turkish lira.”
For his part, Vidal Artditi, director of operations at BiLira predicted that Turkey will become a leading jurisdiction within the global blockchain industry, emphasizing the high levels of instruction and adoption of cryptocurrencies by the general population.
Artditi states that BiLira is not there to become a speculative bubble, but “to create real use cases, so we have configured our system and our platform so that people can buy up to 100,000 euros a month without paying a lira in commissions.”
K.Villarroel
Source: cointelegraph
