Market cap
$2.98M
Volume (24h)
$9.99
Circulating supply
453,367,501 TRYB
Total supply
591,316,392 TRYB
BiLira (TRYB)
$ 0.02
Main info
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Key data
updated $0Market cap$2.98M
Volume 24h$9.99
Circulating supply453.37M
All-time high$0.19-90% from peak · 2023-09-20
BiLira (ticker: TRYB) is a stablecoin pegged to the Turkish Lira (TRY). It operates on the Ethereum blockchain, offering a digital version of the national currency with the benefits of blockchain technology, such as transparency and fast transactions.
Frequently asked questions
What is BiLira and how is it different from traditional Turkish Lira?
BiLira is a digital version of the Turkish Lira that operates on the Ethereum blockchain. Unlike traditional TRY, BiLira allows for faster, borderless transactions and can be used in decentralized applications (dApps).
How does BiLira's technology work?
BiLira uses Ethereum's blockchain technology, ensuring secure and transparent transactions. It employs smart contracts to maintain its peg to the Turkish Lira, providing stability and reliability.
How is BiLira issued and managed?
BiLira is issued through a process called collateralization, where an equivalent amount of Turkish Lira is held in reserve for every TRYB minted. This ensures that BiLira maintains its peg to the TRY.
How can I store and use BiLira?
BiLira can be stored in any Ethereum-compatible wallet. It can be used for online transactions, remittances, or as a stable store of value within the crypto ecosystem.