Technologically, of course, an interesting project. But there are a few caveats...
First: the purpose of this project is clearly not the promotion of promising technologies to the masses, but an attempt to avoid sanctions.
But there is a nuance - in the United States, a group has been created, called the “Digital Asset Coordinators Network”, which will be led by the National Cryptocurrency Enforcement Group (NCET) of the Department of Justice. There is an assumption that this group will deal with just such solutions.
And the second is whether this project will be implemented, given its purpose, and the current situation in Iran itself. Today there was information that in the capital of Iran, Tehran, the Khomeini regime fell and the capital was liberated.
This is a desperate move for Iranian government to escape such sanctions and yes, the US government is tightening their regulations when it comes to cryptocurrency and they will hire thousands of employees to combat this crypto fraud and probably to address this issues as well. The situation in Iran is getting worse, having their own centralized cryptocurrency might not help that much, this might force other countries to impose another sanctions against them.
Such decisions are more like self-deception. Well, at least a means for "calming the masses" that "everything will be fine with us" ... But it will not be either calm or good for the current ruler.
I never understood why, instead of making normal decisions and creating a normal life for their citizens, some rulers try to do extremely idiotic things, drive their population into the Stone Age and then "heroically fight" with the whole world and deny reality!?