Senior Ripple Exec Says Türkiye’s Crypto Boom Is Just Getting Started

• Türkiye crypto adoption hits 25.6% amid lira volatility
• Annual transactions approach $200B, leading MENA digital markets
• Ripple sees stablecoins driving next wave of growth

Crypto adoption in Türkiye continues to accelerate as transaction volumes expand and retail participation deepens. Fresh industry commentary now suggests that current momentum may represent only the early stages of broader growth. Market data shows rising engagement across both individual users and financial institutions.

According to Reece Merrick, Ripple’s Managing Director of Middle East and Africa, Türkiye leads crypto adoption across the MENA region and ranks among the highest globally. He cited data showing that about 25.6% of the population owns digital assets. Surveys among adults aged 18 to 60 suggest participation could reach 52%.

In addition, figures referenced from Chainalysis estimate nearly $200B in crypto transactions during 2025. That volume significantly exceeds activity recorded elsewhere in the region. Consequently, Türkiye has positioned itself as one of the most active digital asset markets globally.

Merrick explained that inflation hedging drives much of this demand. Persistent lira volatility has encouraged residents to seek alternatives for value preservation. Moreover, users increasingly rely on crypto for practical financial use cases rather than short-term speculation. This behavioral shift reflects a maturing market structure.

Also Read: XRP Liquidity Update: Is a $2 Rally Coming in March?

Stablecoins and Institutional Partnerships Signal Next Phase

Stablecoins have gained attention as a key component of this expansion. Reece Merrick noted that dollar-backed assets such as RLUSD may serve as stable USD alternatives during currency fluctuations. These instruments can also facilitate cross-border payments and commercial settlements with greater predictability.

Ripple already works with several financial institutions across Türkiye. Those partnerships reflect growing institutional confidence in blockchain-based payment infrastructure. Additionally, collaboration with regulated entities signals deeper integration into the formal financial system.

Besides retail growth, institutional engagement suggests the market has not yet reached its ceiling. Infrastructure development continues to expand across payment corridors and liquidity channels. As a result, transaction capacity and adoption potential may rise further in the coming years.

Emerging markets often lead global crypto adoption trends when facing currency pressure. Türkiye demonstrates how inflation challenges can accelerate digital asset usage. Therefore, current adoption metrics and the $200B transaction benchmark may represent only the foundation of broader expansion.

In conclusion, strong participation rates of 25.6% and survey figures of 52%, alongside $200B in annual volume, reinforce Türkiye’s leading position in MENA while signaling that further growth may still lie ahead.

Also Read: Top Analyst: March Is the Month XRP Will Experience a Major Rally – Here’s Why

The post Senior Ripple Exec Says Türkiye’s Crypto Boom Is Just Getting Started appeared first on 36Crypto.