Lira-Backed TRYB Token Becomes World’s Second-Largest Non-Dollar-Pegged Stablecoin

Still, even though TRYB looks to have gathered traction in Turkey, USDT remains dominant. In the past 24 hours, the USDT/TRY pair listed on the largest Turkey-based crypto exchange, BtcTurk, has seen a trading volume of $12.3 million, accounting for 18% of the total activity on the exchange. Meanwhile, the total volume in TRYB trading pairs listed on MECX, Pangolin and Icrypex is just $61,700.

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• Source: https://www.coindesk.com/markets/2023/09/01/lira-backed-tryb-token-becomes-worlds-second-largest-non-dollar-pegged-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines