What is BiLira?

BiLira is Turkey’s leading digital asset gateway, providing local users and institutions with seamless access to the global crypto economy. Through its platform, users can easily mint, redeem and trade digital assets, bridging traditional finance with the blockchain economy.

In 2025, BiLira joined Global Dollar Network (GDN) to expand access to regulated, dollar-backed stablecoins and to participate in the Network’s shared rewards model for driving USDG adoption. 

Since then, BiLira has become one of the most active contributors to USDG growth and liquidity on Solana.

Why BiLira Joined Global Dollar Network (GDN)

BiLira recognized that the next evolution of stablecoins would be open, transparent and rewarding - a model where growth benefits the entire network, not just the issuer.

At the heart of Global Dollar Network is USDG, a 1:1 dollar-backed stablecoin issued by Paxos regulated by FIN-FSA, and designed to move value across the world instantly and safely.

For BiLira, joining GDN meant:

• Access to a shared reward model where partners can earn up to 100 percent of reserve-based earnings for helping grow USDG adoption

• Using a regulated stablecoin that ensures user trust and transparency across markets

• Alignment with an open, interoperable network built for collaboration, not competition

• The ability to extend rewards and utility to Turkish users through Solana’s fast, low-cost infrastructure

By joining GDN, BiLira strengthened its mission to democratize access to global money while aligning with a network designed to share value across participants.

How BiLira Uses USDG Across Its Ecosystem

BiLira has integrated USDG into multiple parts of its business, using the stablecoin to enhance liquidity, transparency, and access to yield-generating opportunities in DeFi for its community.

Market Making and Market Efficiency

BiLira utilizes USDG to enhance liquidity and market efficiency between global and local venues. By minting USDG, BiLira can supply dollar-backed liquidity to Turkish markets. This helps to ensure market efficiency between exchanges, deepens order books and supports smoother trading conditions for stablecoins.

The mechanism helps stabilize markets by adding dollar liquidity when TRY markets are volatile or order books are thin. It expands supply where demand is spiking, which can lead to tighter spreads and more stable pricing across venues. When conditions normalize, BiLira can strategically reallocate USDG across venues or deploy it into yield-generating opportunities in DeFi.

Because USDG is fully backed and redeemable 1:1 for U.S. dollars through Paxos, BiLira can operate with confidence and transparency. This foundation allows USDG to function as a reliable instrument for improving liquidity access and overall market efficiency.

Custody and Treasury Management

BiLira uses USDG as a modern alternative to traditional dollar banking - a regulated, on-chain reserve that moves and earns value in real time. By holding USDG as part of its treasury, BiLira can manage liquidity more efficiently across exchanges and DeFi protocols while maintaining full transparency and instant access to funds. This approach not only streamlines operations but also generates rewards through GDN’s shared incentive model, turning treasury balances into an active, income-producing asset.

DeFi Lending and Yield Generation

BiLira actively deploys USDG across Solana’s DeFi ecosystem to generate yield and support network liquidity. By lending and providing liquidity on platforms such as Jupiter, Kamino, Orca, and Raydium, BiLira earns competitive on-chain returns while helping deepen USDG markets. These activities create healthy liquidity and real transactional volume for USDG, strengthening its role as a trusted and productive stablecoin within Solana’s growing ecosystem.

The Impact of BiLira’s Approach

BiLira’s partnership with Global Dollar Network demonstrates how a regional leader can use regulated stablecoins to bring real utility to local markets. By adopting USDG, BiLira has created a faster and more transparent way to manage liquidity, deploy capital, and access on-chain yield-opportunities in Defi.

Through its active participation on Solana, BiLira shows how stablecoins can operate as reliable financial infrastructure that connects local economies with the broader digital asset ecosystem. Its integration of USDG reflects a shift toward open, shared-value systems where partners and users benefit directly from stablecoin adoption and use.

BiLira’s progress illustrates how the combination of regulation, technology, and aligned incentives can build a more efficient and inclusive financial network powered by USDG.

Interested in monetizing your stablecoin activity? Join Global Dollar Network.