TrueUSD (TUSD) zero-fee trading campaign on Bitci amid Turkish stablecoin adoption surge
TrueUSD (TUSD) has joined efforts with Bitci to offer various stablecoin campaigns, including a zero-fee trading campaign that offers users an opportunity to trade TUSD without fees.
This initiative offers a zero-fee trading promotion for the TUSD/TRY trading pair, making it an attractive time for traders and stablecoin users to engage with the cryptocurrency.
Türkiye has become a notable participant in the global cryptocurrency market, especially in the stablecoin sector. The country’s crypto users have driven a significant increase in stablecoin adoption, including TUSD, positioning Türkiye as a leader in stablecoin transactions relative to GDP.
TUSD has been fully supportive of Bitci’s effort to enhance its value-added services with various offers such as TUSD staking and zero-fee campaigns for the TUSD/TRY trading pair. By eliminating fees for TUSD transactions, it allows users to enjoy more cost-effective trading and improved liquidity.
The country’s surge in stablecoin buying has drawn significant attention from key industry players. This rapid expansion in Türkiye’s stablecoin market is a testament to its dynamic crypto community and growing interest and adoption of digital currencies in general.
Per recent statistics from TripleA, a digital currency payment solution provider, the global cryptocurrency ownership rate stood at 4.2% as of 2023, with more than 420 million digital assets users worldwide.
Türkiye has outpaced the United States in stablecoin purchases relative to its GDP, becoming the global leader in this metric.
According to Chainalysis’ 2024 Crypto Spring Report, stablecoin transactions in Türkiye made up 4.3% of the country’s GDP from April 2023 to March 2024. This considerable share represents $38
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