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Turkish Investors Looking for Haven Turn to Stablecoin Tether

VIDEO: The World's Smartest Robot Is Living in Vancouver
Bloomberg Originals
  • Local demand for dollar-backed Tether has surged in past month
  • Investors look for haven from slide in currency to record lows

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People in Turkey are running to the crypto market as a haven against the collapsing lira currency.

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Turkish Investors Looking for Haven Turn to Stablecoin Tether

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