Turkish lira stablecoins show why Europe’s regulated euro tokens may struggle

CryptoSlate2h agoUpdated 1h ago
Turkish lira stablecoins show why Europe’s regulated euro tokens may struggle
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Zodia Markets, the crypto subsidiary majority-owned by Standard Chartered, processed $3.4 billion in transactions involving Turkish lira stablecoins in 2025, enough to make the lira its second-most-used stablecoin currency behind the dollar, ahead of the euro and every other G10 currency. Dollar-pegged tokens, led by Tether and Circle's USDC, still dwarfed e...

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