← The Polylog Crypto Intelligence Brief
Morning Edition · Sunday, June 21, 2026
Turkish Lira Stablecoins Outrank the Euro, Exposing Where Token Demand Actually Comes From
A Standard Chartered crypto unit processed $3.4 billion in lira-stablecoin transactions in 2025, a sign that demand follows currency stress, not regulatory approval.
Zodia Markets, the crypto subsidiary majority-owned by Standard Chartered, processed $3.4 billion in transactions involving Turkish lira stablecoins in 2025, enough to make the lira its second-most-used stablecoin currency behind the US dol…
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