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3232Turkey’s Inflation Jumps to 36%, Lira’s Value Plummets, Citizens Flock to Stablecoins
https://www.digit.info/turkeys-inflation-jumps-to-36-liras-value-plummets-citizens-flock-to-stablecoins/
Mon, 03 Jan 2022 22:30:40 +0000https://www.digit.info/2022/01/03/turkeys-inflation-jumps-to-36-liras-value-plummets-citizens-flock-to-stablecoins/Read more]]>The Republic of Turkey’s economy and the country’s native fiat currency the Turkish lira continue to experience turmoil as inflation has risen to 36%. Since this time last year, the lira has lost 44% of its value against the U.S. dollar. Meanwhile, the use of stablecoins in Turkey has skyrocketed and today, 28.96% of all […]
The Republic of Turkey’s economy and the country’s native fiat currency the Turkish lira continue to experience turmoil as inflation has risen to 36%. Since this time last year, the lira has lost 44% of its value against the U.S. dollar. Meanwhile, the use of stablecoins in Turkey has skyrocketed and today, 28.96% of all […]