Nearly 90% of large businesses are embracing tokenized cash to speed up payments: DBS
AI summary
A DBS survey finds nearly 90% of large businesses are adopting or exploring tokenized cash to speed up payments. Stablecoins lead at 63% in use or planned, ahead of tokenized deposits at 53% and tokenized money market funds at 52%. Traders would read this as broadening institutional demand for tokenized settlement rails, a supportive signal for stablecoin and tokenization narratives.
