Stablecoin record

BiLira

Turkish-lira stablecoin issued by BiLira, contractually backed one-to-one by TRY reserves and redeemable by eligible platform users.

LifecycleActive
Events1
Sources3
Overview
SymbolTRYB
Asset classStablecoin
Reference targetFiat
Redemption / exit modelEligible Customers Only
Valuation sourcePublic information is incomplete
Yield / rebase profileNone recorded
Classification notesActive Turkish-lira stablecoin issued and redeemed through the BiLira platform.
Lifecycle statusActive
Issuance statusRestricted
Peg referenceFiat · TRY
Backing typesBank Deposits
StabilizationIssuer Redemption
GovernanceCentralized
Primary organizationBilira Kripto Varlık Alım Satım Platformu A.Ş.
Primary roleLegal Issuer
Last reviewed2026-06-15
Organizations and roles
OrganizationRoleFromUntilRelationship status
Bilira Kripto Varlık Alım Satım Platformu A.Ş.Legal IssuerActive

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Bilira Kripto Varlık Alım Satım Platformu A.Ş.

Crypto Asset Platform Company · Turkey

Event history

1 event connected to this stablecoin.

Reserve profile
Disclosure statusIssuer Transparency Reports
Backing typesBank Deposits
SummaryTRYB terms provide one Turkish lira held in reserve for each token in circulation, supported by periodic public reports.
As of2026-06-15
Profile confidenceHigh
Redemption profile
Current statusEligible Customers Only
Settlement assetTRY
Eligible partiesVerified users of the BiLira platform with supported bank-account access.
Retail accessEligible Customers Only
Institutional accessEligible Customers Only
Minimum amountPlatform and route dependent.
FeeApplicable platform, banking, and network fees may apply.
Settlement timePlatform and banking processing dependent.
Regional limitsKYC, AML, Turkish-law, and platform requirements apply.
Record coverage
SectionEntries
Organizations1
Sources3
Reserve reports1
Regulatory notes0
Deployments1
Issuer-control actions0
Open questions2
Events1
Event timeline
DateEventTypeDetail kindRecovered
2026-06-15TRYB remains actively issued and redeemable by BiLiraStatus ReviewOther
Reserve and attestation history
DatePublisherTypeAssets coveredRecord confidence
BiLiraReserve DisclosureBank DepositsHigh
Regulatory and official notices
DateTitleAuthority / publisherTypeSummary
No regulatory notes have been added yet.
Blockchain deployments
ChainStandardDeploymentStatusFreezeBlacklistControl eventsContractNotes
EthereumERC-20Issuer Native Fiat TokenActiveUnknownUnknown0Not yet verifiedInitial TRYB deployment coverage; additional supported networks remain a open question.
Sources
SourcePublisherTypeEvidence scopeReliability
TRYB stablecoin product pageBiLiraOfficial WebsiteActive Product, One to One Try Backing, Redemption, Multichain, Entity Backing Redemption and NetworksHigh
TRYB Terms of UseBiLiraOfficial TermsIssuer Identity, One to One Reserve, Issuance, Redemption, Issuer Reserve and Redemption TermsHigh
TRYB audit reportsBiLiraOfficial AttestationBank Reserves, Audit Reports, Active Status, Reserve AttestationsHigh
Open questions
TopicWhat remains unclearPriorityLast checked
Current Regulatory Authorization StatusCurrent terms describe TRYB issuance and redemption, but product-level authorization and future Turkish regulatory treatment require ongoing review.High2026-06-15
Complete Network and Contract MapTRYB operates across multiple networks, but every current contract and migration history is not normalized in this batch.Medium2026-06-15