Status
PILOT
Program Snapshot
Current status fields and timeline data from the profile record.
Type
RETAIL
Program classification
Wallets
Not listed
Annual Volume
Not listed
Status and Timeline
| Field | Value |
|---|---|
| Announced | 2021-09-15 |
| Pilot start | Not listed |
| Launch | Not listed |
| Last verified | 2026-02-18 |
Availability
- Retail
- pilot
- Wholesale
- none
Central Bank
Central Bank of the Republic of Türkiye
Technical Profile
| Attribute | Value |
|---|---|
| Type | Retail |
| Architecture | two-tier |
| Access model | account based |
| Technology base | dlt |
| Legal tender | pilot only |
Capabilities
offline payments: Yes
programmability: Yes
cross border: No
interest bearing: No
transaction limits: Yes
Cross-Border Projects
No cross-border project entries are listed for this profile.
Recent Updates
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: Feb 18, 2026
Frequently Asked Questions
Does Turkey have a CBDC?
According to listed sources, Turkey is developing Turkey Digital Turkish Lira, currently in pilot phase.
What is the current status of Turkey's CBDC?
Turkey Digital Turkish Lira is in pilot phase as of 2026-02-18.
When did Turkey start CBDC pilot activity?
No pilot start date is listed for this program.
How many users or wallets are reported for Turkey's CBDC?
Wallet metrics are not listed in the current dataset.
Is Turkey's CBDC retail, wholesale, or hybrid?
Turkey Digital Turkish Lira is categorized as retail.
Which institution manages Turkey Digital Turkish Lira?
Turkey Digital Turkish Lira is managed by Central Bank of the Republic of Türkiye.
Related CBDCs
Sources
Sources
Last verified: 2026-02-18
Digital Turkish Lira Second Phase Progress Report - CBRT
central bank
Central Bank Outlines Advances in Digital Turkish Lira Second Phase - Hürriyet Daily News
news
Turkish Central Bank Reports Progress in Digital Lira Project - Daily Sabah
news
Digital Turkish Lira Phase 2 Initiatives Commenced - Turkish Law Blog
news
Turkey CBDC Tracker - Human Rights Foundation
tracker