Turkey Digital Turkish Lira
Central Bank of the Republic of Türkiye
Status
Architecture
Cross-Border Projects
No cross-border projects reported.
Capabilities
Frequently Asked Questions
Does Turkey have a CBDC?
Yes, Turkey is developing Turkey Digital Turkish Lira, currently in pilot phase.
What is the status of Turkey's CBDC?
Turkey Digital Turkish Lira is in pilot phase as of 2026-02-18. The pilot program is actively testing with real users.
When did Turkey launch its CBDC pilot?
No pilot launch date has been announced yet. The project is currently in pilot phase.
How many people use Turkey's CBDC?
User and wallet metrics are not publicly available at this time.
Is Turkey's CBDC retail or wholesale?
Turkey Digital Turkish Lira is a retail CBDC designed for public use in everyday transactions.
Which central bank manages Turkey Digital Turkish Lira?
Turkey Digital Turkish Lira is managed by Central Bank of the Republic of Türkiye.
Recent Developments
According to the Central Bank of the Republic of Türkiye (CBRT), the Digital Turkish Lira (DTL) project is in Phase Two of its research and development. Phase One (2022-2023) established a prototype system with distributed ledger technology, smart contracts, and digital wallets, with the first transaction executed on the DTL network in 2022. The Phase One evaluation report was published at end of 2023. Phase Two focuses on programmable payments, offline payments, financial intermediary integration, digital identity applications, and proof-of-concept studies for cross-border payments. The Second Phase Progress Report was published on November 24, 2025. The system has matured from prototype to minimum viable product level. If a decision is made to issue the Digital Turkish Lira, the project will advance to Phase Three with legal arrangements. No specific launch date has been announced.
Updated: 2/18/2026