Cryptocurrency exchange
Bitlo is a centralized cryptocurrency exchange based in Turkey that supports spot trading of multiple cryptocurrencies and fiat currency integration, aiming to provide users with fast, secure, and convenient services.
According to Cointelegraph, Ripple announced the official launch of its U.S. dollar-pegged stablecoin RLUSD in the Turkish market through partnerships with three local institutions—BiLira, Bitexen, and Bitlo—providing institutional users in Turkey with enterprise-grade U.S. dollar liquidity support.