Pegged to
TRY
Market Cap
$30.00M
24h Volume
$2.00M
Circulating Supply
30.00M TRYB
Total Supply
30.00M TRYB
Peg Target
TRY
Collateral Type
Fiat-Backed
Issuer
BiLira
Launch Date
01-01-2020
BiLira (TRYB) is a Turkish Lira (TRY)-pegged stablecoin that provides Turkish users with a blockchain-based representation of their local currency. Each TRYB token is backed 1:1 by Turkish Lira held in bank accounts. BiLira enables Turkish traders to enter and exit crypto positions without converting to USD, and it is used across DeFi protocols on multiple chains. Given Turkey's high crypto adoption rate and currency volatility, TRYB serves an important role in the local market.
Category
Fiat-BackedCollateral Type
Fiat-BackedIssuer
BiLira