Garanti BBVA Crypto adds Tether trading and transfers to expand stablecoin offerings in Türkiye

Garanti BBVA Crypto adds Tether trading and transfers to expand stablecoin offerings in Türkiye

(IN BRIEF) Garanti BBVA Crypto, Türkiye’s first bank-backed cryptocurrency platform, has introduced trading and transfers in Tether (USDT) via the Ethereum network. The addition of the world’s largest stablecoin enables users to trade USDT pairs and benefit from the stability of its US dollar peg, a feature increasingly popular with investors seeking to avoid crypto market volatility. CEO Onur Güven noted that the expansion reflects growing demand for stablecoins in Türkiye, reinforcing the platform’s mission to combine banking expertise with secure, regulated digital asset services.

(PRESS RELEASE) ISTANBUL, 2-Sep-2025 — /EuropaWire/ — Garanti BBVA Crypto, Türkiye’s first bank-backed cryptocurrency platform, has expanded its services by adding support for Tether (USDT) trading and transfers. Users can now buy, sell, and transfer the popular dollar-pegged stablecoin via the Ethereum network, including trading across USDT pairs.

By introducing Tether, Garanti BBVA Crypto joins major global exchanges in offering access to the world’s largest stablecoin. With its one-to-one peg to the US dollar, USDT is widely used by traders who want to mitigate cryptocurrency market volatility while maintaining liquidity and flexibility.

Onur Güven, CEO of Garanti BBVA Crypto, commented: “Cryptocurrency investment is growing rapidly in Türkiye, and investors increasingly rely on stablecoins. Adding Tether to our platform streamlines both trading and transfers, providing greater convenience and choice for our users.”

Launched as the first crypto platform backed by a licensed Turkish bank, Garanti BBVA Crypto integrates traditional banking infrastructure and expertise with advanced digital asset services. This approach ensures robust security, regulatory oversight, and reliable technology for both retail and institutional users navigating the growing digital asset market.

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SOURCE: BBVA