BitBulteni

BitBulteni

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Markets

Page 80

Markets

The TRYB token, backed by the Turkish lira, is becoming the second largest non-dollar stable crypto token in the world.

However, even though TRYB appears to be gaining traction in Turkey, USDT is still dominant. In the last 24 hours, the USDT/TRY pair, listed on the largest Turkey-based crypto exchange BtcTurk, saw a trading volume of $12.3 million, accounting for 18% of the total trading on the exchange. On the other hand, the total volume in TRYB trading pairs listed on MECX, Pangolin and Icrypex is just $61,700.

Sep 1, 2023