Ripple Expands RLUSD to Turkey as $200B Crypto Market Drives Demand

Ripple is bringing its RLUSD stablecoin to Turkey, a crypto market now valued at roughly $200 billion. The expansion underscores how stablecoin demand keeps growing in regions where local currencies have, shall we say, kept things interesting.

Turkey has become one of the more active crypto markets globally, with both retail and institutional participants leaning on dollar-pegged tokens for savings, trading, and cross-border settlement. RLUSD's entry positions Ripple to compete for a slice of that volume.

The move is part of a broader pattern: stablecoin issuers are increasingly looking past Western corridors and toward emerging markets, where demand often outpaces traditional financial infrastructure.