Turkey: Savers flee the lira for stablecoins
The Turkish lira has lost 15% of its value against the dollar in one year.
Published 1sem1 sourceNotableupdated 1sem
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The fact
Faced with inflation and currency depreciation, households are turning to stable cryptocurrencies.
Stablecoins provide easier access to dollar exposure than traditional currencies.
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Why it matters
La dépréciation de la livre turque et l’inflation poussent les épargnants vers des actifs stables, illustrant l’adoption croissante des cryptomonnaies comme refuge monétaire dans les économies en crise.