The Rise in Popularity of Crypto in Turkey: When Fiat Fails
Turkey’s crypto story over the last decade reads less like a tech fad and more like a national hedge. When your currency loses value, people stop asking whether crypto is “innovative” and start asking whether it protects their savings.
That simple incentive — preservation of wealth — turned millions of Turks into active crypto users and pushed the market into the billions. Let’s consider how this all came together and what’s coming next.
Billion-Dollar Market Built on Necessity
Turkey’s crypto industry is no niche hobby. Statista forecasts it will generate roughly $2.2 billion in revenue this year, growing year-over-year by 15.33 percent to $2.6 billion by 2026, with 24-26 million users, nearly a third of…
