PwC Global CBDC Index and Stablecoin Overview 2022 04 April 2022Welcome Dear Clients and Friends, The PwC Global CBDC Index is designed to measure central banks’ level of maturity in deploying their own digital currency. The inclusion of the Stablecoin Overview was considered a sensible evolution in the analysis, given the two frameworks co-exist. One framework is fully state backed whereas the other is only partly, and only to the extent that the underlying deposit taker is regulated and protected by the state through regulation and deposit protection schemes. We are excited to launch the 2nd edition of the PwC Global Central Bank Digital Currency (CBDC) Index and newly created Stablecoin Overview. As in 2021, CBDCs are measured via a synthetic index capturing the central banks’ progress and stance on CBDC development, in both a retail and wholesale context. For the stablecoins, we have deliberately chosen not to rank, instead providing an overview of the criteria by which they can be compared, depending on the use case which may be specific to the reader. Once again, we hope the analysis and insights stimulate further discussion and debate with respect to the traj