1 stablecoin pegged to the Turkish lira, from 1 issuer. Supply is read directly from the contracts DIA verified.
FX turnover share is one side of a currency trade, so all currencies' shares sum to 200% by BIS convention. Reserve and invoicing shares are only published for a handful of currencies; a dash means that source does not break TRY out individually, not that its share is zero.
Change in the DeFiLlama circulating supply of the 1 of 1 TRY coins counted here. Both endpoints come from that source, so the dollar figure is a statement about it — not about the onchain supply DIA reads from the contracts, which is a different measurement of the same bloc. Coins that appeared part-way through a window are excluded, so this is supply added by coins that existed throughout rather than by the arrival of new ones.
| Coin | Issuer | Peg | Type | Onchain supply | Chains |
|---|---|---|---|---|---|
| BiLira | TRY | Fiat-backed (non-USD) | Awaiting onchain sync |
Turkey has one of the highest rates of stablecoin use anywhere relative to the size of its economy, driven by persistent lira depreciation and by an unusually crypto literate retail market. Most of that demand is for dollars rather than for a lira token, which makes the lira coin on this map an instrument for moving between the two rather than a savings product.
What makes the lira worth a page of its own is not the size of that market. It is that the single coin serving it happens to be one of the best documented stablecoins DIA has examined anywhere.
Sources: BiLira, BiLira reserve report index
There is one lira coin here, so there is no field to compare within. TRYB, issued by BiLira, has been operating for years and publishes reserve reports through an indexed archive rather than as scattered links.
An indexed archive is a more meaningful signal than it sounds. It means the reports can be checked against each other, gaps in the series are visible, and a reader can retrieve an older document rather than only the current one. Most issuers on this map publish, at best, the latest file.
The reports themselves are signed by a named external firm rather than described as audited in the abstract. A retrievable document with a nameable signatory is the combination that separates the top of DIA's disclosure ladder from everything below it, and very few coins clear it.
Sources: BiLira reserve report index, BiLira reserve report, 21 May 2026
DIA reads TRYB's supply from contract state on the chains it indexes. That is the check the reserve reports cannot perform.
An examination counts what sits in the reserve on a date. It says nothing about how many tokens exist against that reserve, and the token side is only observable onchain. Where an issuer publishes on a dense and dated cadence, as this one does, the two halves can be set against each other by anyone willing to do the arithmetic, which is the entire point of publishing both.
DIA reads the assurance boundary as well as the conclusion. Part of any attestation is usually outside the assurance the firm gives, and the coin page attributes each fact to the correct side of that line rather than treating a signed document as though every sentence in it were examined.
Sources: BiLira reserve report, 21 May 2026, BiLira reserve report, 20 February 2026
Yes. TRYB, issued by BiLira, is the lira coin on this map and has been operating for years. It publishes reserve reports through an indexed archive signed by a named external firm, which makes it one of the best documented stablecoins DIA has examined in any currency.
Its reserve reports are signed by a named external firm and retrievable from an indexed archive. DIA reads the assurance boundary as well as the conclusion, because part of any attestation is usually outside the assurance the firm actually gives, and the coin page attributes each fact to the correct side of that line.
Mostly dollars. Persistent lira depreciation means the demand is for dollar exposure, so the lira coin functions as an instrument for moving between the two rather than as a savings product. That is a common pattern in high inflation markets and it shapes what a local currency coin is actually for.