Ukrainian commercial bank TASCOMBANK released its survey report on the pilot of electronic currency on the Stellar network. The report emphasized to the National Bank of Ukraine and the Ministry of Digital Transformation of Ukraine the advantages of issuing electronic currency on the blockchain, including in all stages of circulation and between all transaction participants. Inter-transparency and accountability, low transaction costs, instant payment capabilities, and a high-throughput blockchain platform can also improve the security and confidentiality of customer data. Launched in 2021 with the support of Ukraine’s Ministry of Digital Transformation, the pilot project will test the issuance of electronic money on the blockchain and focus on peer-to-peer, merchant payments, and payroll payments. The Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation announced an initial partnership in January 2021 to explore and experiment with virtual assets.