# BiLira > Newest crypto assets with deep liquidity and competitive pricing BiLira is a Turkey-based digital asset company and issuer of TRYB, a stablecoin pegged to the Turkish Lira. It also operates BiLira Kripto, a cryptocurrency trading platform for retail investors. BiLira is a digital asset company based in Turkey that issues TRYB, a stablecoin pegged one to one to the Turkish Lira, and operates a cryptocurrency trading platform. It serves retail users seeking exposure to Turkish Lira denominated digital value and access to a broader range of crypto assets, positioning itself within Turkey's regulated digital finance sector. TRYB addresses the need for a stable, locally denominated digital asset that can move across borders and blockchains without relying on banking hours. Reserves backing TRYB are held in bank accounts and are supported by periodic independent audit reports, and the token operates across multiple blockchain networks so it can be used within decentralized finance applications and moved between self-custody wallets. BiLira is regulated as a crypto asset service provider under the applicable Turkish framework. The company's product lineup centers on TRYB alongside the BiLira Kripto exchange, which offers trading across a range of supported cryptocurrencies with same-day settlement and continuous availability. Together these products serve individual investors in Turkey and abroad who want to hold, convert, or trade Turkish Lira-pegged value and other digital assets, and BiLira has pursued formal authorization to expand its regulated activities. - Type: Company - Sector: Finance - Status: Active - Founded: 2019-04-01 - Profile: https://thegrid.id/profiles/bilira ## Products - [BiLira Kripto](https://thegrid.id/profiles/bilira): BiLira Kripto is a centralized exchange for buying and selling cryptocurrencies against Turkish lira. It lets users deposit lira or supported crypto assets, complete identity verification, and trade a range of digital assets through custodial accounts matched on the platform. The exchange also lets users convert Turkish lira to crypto and back within the same account, functioning as an on-ramp and off-ramp for market entry and exit. It is accessible via a web application and a mobile app for iOS and Android. (Centralised Exchange, Live, Main Product) - [TRYB Stablecoin](https://thegrid.id/profiles/bilira): TRYB Stablecoin is a stablecoin issuance product that mints and redeems a Turkish lira-pegged token across multiple blockchains. Users deposit lira into an affiliated bank account, after which an equivalent amount of TRYB is minted and delivered to their wallet, with reserves held in Turkish bank accounts and redeemable one-to-one at any time. The token supports transfers, decentralized finance use, and third-party exchange listings independent of any single trading venue. Audit reports on reserves are published periodically for transparency. (Stablecoin Issuer, Live) ## Assets - [BiLira (TRYB)](https://thegrid.id/profiles/bilira): TRYB is a Turkish Lira-pegged stablecoin issued by BiLira. It is used for payments, remittances, cross-border settlements, and as collateral in DeFi applications across multiple blockchains. Each token is backed 1:1 by Turkish Lira reserves held in Turkish bank accounts, with regular audit reports published to maintain the peg. (Stablecoin) ## Links - [Main](https://www.bilira.co) - [Blog](https://www.bilira.co/en/blog) - [Privacy policy](https://www.bilira.co/en/legal-information/privacy-policy) - [Terms of Service](https://www.bilira.co/en/legal-information/framework-agreement) - [Twitter / X](https://x.com/BiLira_Kripto) - [Telegram](https://t.me/BiLira_Official) - [LinkedIn](https://www.linkedin.com/company/bilira) - [Instagram](https://www.instagram.com/bilira_kripto) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. 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