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Ripple Is Expanding Into Turkey as the Lira Falls. It Is Selling Custody and a Stablecoin, Not XRP.

Summary by 24/7 Wall St.
Ripple just signed deals with a major Turkish bank and three local exchanges, but XRP holders may not see a single benefit from any of it. Here is why Ripple's fastest-growing market could actually work against its own token.

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Ripple expands its presence in Turkey with custody services for Garanti BBVA and RLUSD available in three exchanges, in a market where the depreciation of the lira drives the search for alternatives linked to the dollar. The expansion, however, does not require using XRP nor does it alone demonstrate that the demand for token increases.

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Tuesday, October 6, 2026.
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