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Rank #10TRYBFiat-Backed
BiLira
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
About BiLira
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.
Pros
- Serves high-demand Turkish market
- Multi-chain availability
- Direct TRY exposure on-chain
- DeFi compatible
Cons
- Exposure to volatile Turkish Lira
- Limited global adoption
- Small market cap
- Fewer exchange listings
Key Features
Turkish Lira (TRY) 1:1 peg
Multi-chain deployment
Reserve attestation reports
DeFi integration across chains
Local fiat on/off ramp
Compliant with Turkish regulations
Stablecoin Information
Category
Fiat-BackedCollateral Type
Fiat-BackedIssuer
BiLira