![TRYB Stablecoin Backed by Turkish Lira From BiLira Ranks Second TRYB Stablecoin Backed by Turkish Lira From BiLira Ranks Second to Tether's EURt in Non-Dollar-Backed Tokens](https://btcusa.com/wp-content/uploads/2023/09/TRYB-Stablecoin-Backed-by-Turkish-Lira-From-BiLira-Ranks-Second-678x381.png)
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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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