Turkish Lira (TRY) Stablecoins: 2 Tracked, Ranked by Risk
2 tracked stablecoins pegged to the Turkish Lira. Compare peg stability, liquidity, risk, and leading symbols like TRYB and wiTRY.
About Turkish Lira stablecoins
Turkish Lira stablecoins offer on-chain TRY exposure in a high-inflation environment where stable digital alternatives are particularly valuable. Pharos monitors peg deviation and market data for TRY-pegged tokens. Pharos currently maps 2 tracked stablecoins in this currency bucket. Top tracked names include BiLira (TRYB) and Wrapped iTRY (wiTRY). TRY pegs serve a high-inflation local currency context, where the appeal of on-chain access should be balanced against issuer, banking, and liquidity risk.
Turkish Lira risk review starts with rwa backing and cefi governance, the largest categories in this cohort. 2 tracked coins in the cohort can be directly frozen or denylisted.
| # | Name | Price | Peg | Market cap | 24h | 7d | Grade | Peg Score | Liq | Blacklist | Mint Score | Backing | Type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turkish Lira stablecoins at a glance
Registry facts for all 2 tracked Turkish Lira stablecoins, in registry order. These are design facts, not live data; the live table above carries market and risk figures.
| Stablecoin | Backing | Governance | Freeze capability | Launched | Chains |
|---|---|---|---|---|---|
| BiLira (TRYB) | Real-World Asset Backed | Centralized (CeFi) | Issuer can freeze | 2019 | 9 |
| Wrapped iTRY (wiTRY) | Real-World Asset Backed | Centralized (CeFi) | Issuer can freeze | 2026 | 3 |
How to use this directory
Treat the Turkish Lira cohort as a starting filter, then verify the live risk surfaces that move fastest: coverage, peg history, liquidity, reserves, and dependency exposure.
More stablecoin hubs
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