Garanti BBVA Crypto Adds Tether (USDT) Trading and Transfers
Garanti BBVA Crypto, the digital asset platform operating under the banking license of BBVA’s Turkish franchise, has expanded its cryptocurrency offerings by introducing trading and transfers in Tether (USDT). This move allows users in Türkiye to access transactions involving the popular dollar-pegged stablecoin via the Ethereum network and engage in trading with various USDT pairs.
As the largest stablecoin in the world, Tether maintains a one-to-one peg with the US dollar, which provides traders and investors a way to mitigate the typically high volatility associated with cryptocurrencies. The addition of Tether aligns Garanti BBVA Crypto with global exchanges in supporting widespread stablecoin adoption.
Onur Güven, CEO of Garanti BBVA Crypto, highlighted the significance of the new feature: “Cryptocurrency investment is growing rapidly in Türkiye, and investors increasingly rely on stablecoins. Tether streamlines both trading and transfers for our users.” He emphasized the role USDT plays as a reliable asset for smoother and secure crypto transactions.
Garanti BBVA Crypto was the first cryptocurrency platform in Türkiye to be backed by a bank, leveraging traditional banking infrastructure, compliance expertise, and advanced technology to offer digital asset services. The introduction of Tether trading is a continuation of the platform’s commitment to combining trusted banking practices with innovative blockchain solutions.
Users of Garanti BBVA Crypto can now conveniently manage their exposure to stablecoins alongside other digital assets directly through the app, enhancing the flexibility and security of their crypto portfolios.
This development reflects Garanti BBVA’s strategic focus on fintech innovation and supporting the growing demand for cryptocurrency products within Türkiye’s financial market.
About Garanti BBVA Crypto:
Launched as Türkiye’s first bank-backed crypto platform, Garanti BBVA Crypto integrates BBVA’s robust regulatory foundation with next-generation digital asset technologies. It provides secure trading, custody, and transfer services tailored to the evolving needs of retail and institutional investors.
For more information, visit the official Garanti BBVA website or contact their customer service channels.