Turkish Lira constitutes 81% of the fiat money volume of Binance, the world’s largest cryptocurrency exchange.
Turkish Lira rose to first place in terms of volume among fiat currencies on Binance. Powered by on-chain data platform Kaiko to data According to the fiat volume on Binance 81% in Turkish Lira created.
This rate 2021 in year onlyWhile e has a share of 8% has increased significantly until today. Increase in parities in Binance Turkey It provided a wider area for transactions made in Turkish Lira.
Turkish users in the cryptocurrency industry to a serious audience It has been proven by recent research that it has. On the other hand, the Turkish Lira taking over the fiat money volume on Binance has caused a stir in the Turkish cryptocurrency community. continues its operations actively also revealed.
The second fiat currency that hosts the highest transaction volume after the Turkish Lira is Euro happened. The fiat money that follows the Euro is the currency, which draws attention with its inflationary economy. of brazil local currency Real drew attention as.
fiat currency of the United Kingdom Pound by experiencing volume loss over time fourth place declined. In the days when Turkey had an 8% share in May 2021, the first place flag was carried by the Euro and the second place flag was carried by the Pound.
In the data presented Tether (USDT) and the absence of stablecoins kept the Turkish Lira at the top. Global leadership in terms of overall volume USDTIt is in the possession of .
kaiko, September 14 In another report he reported on, Turkish Lira increased in fiat money volume on Binance. 75% He stated that he had a share. According to these data, Turkish Lira More than 5% volume over a 1 month period He won.
