Ripple will fully support its own dollar-pegged stablecoin, 'RLUSD', in the Turkish market in collaboration with local companies. Major local companies, including TRYB issuer BiLira and virtual asset exchanges Bitexen and Bitlo, participated in this collaboration. According to Cointelegraph, through this partnership, Turkish institutional investors will be able to smoothly access enterprise-level dollar liquidity using RLUSD.