Application Results of the Call to Join the Digital Turkish Lira Project Ecosystem (CBRT)
The Central Bank of the Republic of Türkiye (CBRT) announced that its open call for ecosystem participation in the digital Turkish lira has advanced 23 shortlisted projects into a sandbox‑based third stage, signaling a structured move from concept selection toward implementation‑grade testing. The three‑stage process drew 85 proposals from 16 banks and 25 payment and electronic money institutions, of which 51 passed initial screening and 23 from 12 banks and 6 payment institutions now proceed to development and sandbox evaluation, with 6 projects parked for possible later inclusion. The portfolio concentrates on tokenization, programmable payments, interoperability with existing systems, and self‑sovereign identity, with only one machine‑to‑machine proposal, underscoring a focus on retail and institutional payment use cases over internet of things (IoT) experimentation and leaving open how many pilots will ultimately transition to production‑grade infrastructure. [CBRT]
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