Ripple Brings RLUSD Stablecoin to Turkey via Three New Partners

Ripple, fresh from winning its legal battle against the SEC in the US, has set its sights on Türkiye as part of its ongoing global expansion. The company will support its $RLUSD stablecoin in the country.

Ripple announced partnerships with Turkish firms including BiLira (the issuer of TRYB), Bitexen, and Bitlo to bring its dollar-pegged stablecoin to institutional investors in Türkiye. The rollout allows these investors to tap into institutional-level US dollar liquidity through $RLUSD, fitting into the stablecoin's broader international expansion, which Ripple considers a priority. The company noted that Türkiye remains one of the largest cryptocurrency markets in the MENA region, citing Chainalysis data showing annual trading volume of roughly $200 billion.

Jack McDonald, Ripple's Senior Vice President of Stablecoins, stated the following: " $RLUSD has rapidly gained momentum in financial use cases, serving as a vital bridge for payments, tokenization, and collateral management. With institutional demand increasing globally, launching in Türkiye marks a milestone in our expansion. Turkey is situated at the intersection of traditional finance and the digital economy and boasts one of the highest cryptocurrency adoption rates in the world. By providing a transparent and fully regulated, stable, USD-backed asset, we enable Turkish businesses to access global liquidity."

$RLUSD is now available in Türkiye through three new partners: @BiLira_Kripto, @Bitexencom and @Bitlocom: https://t.co/poq4dUbYF4 This is the latest step in a global expansion that has taken $RLUSD from launch to a $1.7bn+ market cap in under a year. The demand for regulated,… — Ripple (@Ripple) June 2, 2026

*This is not investment advice.