Post by Augustine Chiagozie (@pabloexchange)

🇹🇷 Turkish Lira Nears Total Devaluation

The Turkish lira has lost 99.995% of its value against the US dollar since its peak. Despite Turkey selling nearly $26 billion in gold and bonds this year to support it, the lira keeps hitting record lows weekly.

Meanwhile, Turkey ranks among the top countries for stablecoin adoption, especially USDT, with TRY/USDT one of the most traded pairs.

🇹🇷 Turkish Lira Nears Total Devaluation The Turkish lira has lost 99.995% of its value against the...

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