Fiat currency · TRY

Turkish Lira on U.CASH

The Turkish lira has no domestic instant rail in the U.CASH set, but its on-chain leg is long-established: TRYB, the BiLira lira stablecoin, has run 1:1 against the lira since 2019.

Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.

Turkish Lira at a glance

Code
TRY
Symbol
₺
Local rail
None in the set
Pegged tokens
1

Rails that settle TRY

Lira checkouts can offer SWIFT for bank transfers and cards through your own Stripe or Verifone account; TRYB covers on-chain settlement.

SWIFT

International. Manual rail, no processor account.

Stripe

Worldwide. Card processing via your own account.

Verifone (2Checkout)

Worldwide. Card processing via your own account.

Pegged tokens on U.CASH

TRYB, issued by BiLira, is the Turkish lira stablecoin on U.CASH: 1:1 against lira reserves, acceptable at checkout and swappable non-custodially.

BiLira

BiLira (TRYB)

Pegged 1:1 to the turkish lira. Accept it, swap it, hold it non-custodially.

How to accept TRY at checkout

Step 01

Open a checkout

A store, a payment link, or an embedded checkout on U.CASH Pay lists what buyers can pay with. Card processing covers TRY buyers through your own processor account.

Step 02

Set your prices in TRY

Your prices stay denominated in Turkish Lira. The checkout derives the crypto amount live at payment time when a buyer pays with a digital asset, and the TRY figure is what your ledger reconciles against.

Step 03

Get paid

Card buyers settle through your processor, and buyers paying the TRY-pegged token settle on-chain to your wallet. Each payment arrives with its reference and transaction detail in the record.

Step 04

Settle your way

Hold receipts, convert them on a schedule, or pay out through the rails that reach your bank. Nothing about the currency choice locks the treasury path.

The TRY rails compared

Reach, flow mode, and what each rail asks of the buyer, from the rail registry.

Bank
SWIFT · Global by nature · Manual flows · Reference per order. U.CASH charges nothing on the SWIFT rail. Sender and intermediary banks take their own fees, which vary by co…
Card
Stripe · Global by nature · Automatic flows · Not required. U.CASH charges nothing on top: you pay Stripe's processing fees, and Stripe's payout schedule applies. Connec…
Card
Verifone (2Checkout) · Global by nature · Automatic flows · Not required. U.CASH charges nothing on top: you pay Verifone's processing fees on your own account terms, and Verifone's p…
Bank
SWIFT · Essentially every banking system · For corridors the local rails do not cover

A practical composition for a Turkish Lira merchant: the local rail wins domestic transactions on cost and speed, cards cover the buyers who reach for plastic, and the TRY peg carries cross-border settlement without correspondent banks. Offer all of them from one checkout and let each payment find its natural path; the invoice stays in TRY whichever leg carries it.

The on-chain alternative

One TRY-pegged token trades on U.CASH: BiLira (TRYB). It settles as a standard token on its chain, so a Turkish Lira receipt can arrive on-chain without any bank in the loop, and the peg holds the two forms of the currency equivalent for accounting.

Where it settles

Countries served by the Turkish Lira rails on U.CASH.

Turkey

Turkish Lira: FAQ

Is there a lira stablecoin?
Yes: TRYB, issued by BiLira since 2019, pegged 1:1 to the Turkish lira.
Why settle lira on-chain?
TRYB moves with crypto finality around the clock, which matters for a currency whose banking rails keep banker's hours.
How do I price TRY when buyers pay crypto?
Price in Turkish Lira and let the checkout derive: the invoice carries the TRY figure, the buyer's wallet sees the crypto equivalent at live rates, and your ledger reconciles against the TRY denomination. The currency of record never changes.
Should I hold the TRY peg or convert out on receipt?
Holding the pegged token keeps the exposure in Turkish Lira terms, which suits a business whose costs are in Turkish Lira. Converting on receipt into your operating currency removes the exposure at the cost of the conversion fee. Both are checkout settings, changeable anytime.
Get started

TRY, rails and chains

Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.