Profile
TRYB profile facts
BiLira (TRYB) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Turkish Lira.
- Collateral
- Turkish lira cash reserves held 1:1 by BiLira; issuer materials describe full fiat backing for minted TRYB across supported chains
- Peg mechanism
- Direct 1:1 issuance and redemption through BiLira; issuer-managed native deployments extend TRYB across multiple chains
- Jurisdiction
- Turkey
- Proof of reserves
- Independent Audit by Corpus Denetim ve Yeminli Mali Musavirlik A.S. Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
TRYB quick answers
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What is BiLira (TRYB)?
TRYB is BiLira's Turkish-lira stablecoin, redeemable 1:1 against TRY cash reserves held by the issuer in Turkey. The static profile records its Turkish Lira peg mechanism as: Direct 1:1 issuance and redemption through BiLira; issuer-managed native deployments extend TRYB across multiple chains.
Is TRYB safe?
As of Oct 24, 2026, Pharos grades TRYB D (46/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs TRYB?
Pharos records TRYB's reserves as of Aug 17, 2026 as 100% TRY cash reserves. Reserve evidence: Independent Audit by Corpus Denetim ve Yeminli Mali Musavirlik A.S., latest period ending Aug 17, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can TRYB be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem TRYB?
Under the route Pharos reviewed on Mar 23, 2026, customers the issuer has verified can redeem TRYB for a single stable asset, such as cash or a stablecoin. Settlement is same-day. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
