Turkey’s Garanti BBVA commercial bank launches crypto wallet service
Photo by Meriç Dağlı / Unsplash

Turkey’s Garanti BBVA commercial bank launches crypto wallet service

The app currently supports BTC, ETH, and USDC cryptocurrencies, but the bank plans to expand its range of assets and improve its service infrastructure in the futur

Garanti BBVA's launch of this crypto wallet is part of its strategy to stay ahead of the rapidly evolving fintech industry. The bank has been working with blockchain technology and cryptocurrency services for several years, recognizing their potential to transform the financial sector.

The wallet, available on the App Store for iOS users, offers enhanced security features and digital payment capabilities.

Executive Vice President and Chairman of the Board of Directors of BBVA Digital Assets, Çağrı Süzer, announced that the team successfully completed pilot tests for the new service. Süzer noted that the Garanti BBVA Crypto app, initially available in beta for a limited number of customers, is now accessible to all users. He added that the app currently supports BTC, ETH, and USDC cryptocurrencies, but the bank plans to expand its range of assets and improve its service infrastructure in the future.

Garanti BBVA's introduction of a crypto wallet meets Turkey's growing demand for cryptocurrency services.

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