Whitelisted participants mint and redeem iTRY against collateral; holders stake iTRY into an ERC-4626 vault to receive wiTRY, which appreciates as money market fund yield is minted into the vault.

Brix (brix.money) brings Turkish Lira money market yields onchain through the iTRY stablecoin and its yield-bearing staked wrapper wiTRY, with Ethereum as the settlement layer and MegaETH as its DeFi chain.

Brix is a BVI-based issuer of emerging-market currency stablecoins, starting with iTRY, a Turkish Lira stablecoin backed by tokenized Turkish money market funds.