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Turkish lira-pegged stablecoins most widely used after dollar tokens, Zodia says

Turkish lira-pegged stablecoins most widely used after dollar tokens, Zodia says PARIS, June 2 : Stablecoins pegged to the Turkish lira were the second-most widely used stablecoins among clients at Standard Chartered's crypto subsidiary last year, although volumes remain small compared to dollar-pegged tokens, Zodia Markets said on Tuesday. Stablecoins, a type of cryptocurrency pegged to fiat currency, have surged in volume in recent years but are mostly used in crypto trading and not widely...

Channel News Asia 8d ago