Ripple Launches RLUSD in Turkey Through Three Partners, Reaches $1.7B Market Cap on June 2

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Ripple announced on June 2, 2026 that RLUSD, its USD-backed stablecoin, is now available in Turkey through three partners: BiLira, Bitexen, and Bitlo. The launch marks expansion into a market processing nearly $200 billion in annual crypto transaction volume. RLUSD has grown to a $1.7 billion market cap since its late-2024 launch, positioning Ripple to compete with USDT and USDC in a region where inflation-driven demand for dollar-denominated assets is structural rather than speculative.
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