The guide, which is a part of Project Polaris, remarked that launching offline CBDCs will require a tailor-made approach, given the distinct nature of payments in different jurisdictions.
Bank for International Settlements notes that the retail CBDCs will be the dominant offering while their wholesale versions will be keen on closing the gap.
The framework, which is part of Project Polaris, is designed to protect CBDC systems from "new and elevated threats" while safeguarding assets.
The Bank for International Settlements "Project Polaris" outlined the benefits of offline CBDCs for countries gearing to launch digital iterations of their local currencies.
