DBS Survey: 88% of Firms Adopt Tokenized Money

| odaily.news
A DBS-commissioned EY survey found that 88% of 422 large-company finance leaders across 11 markets said their firms are using or testing tokenized money. All represented companies generate more than $500 million in annual revenue. Adoption ranges from scaled deployments (24%) and limited live use (43%) to pilots or proofs of concept (21%). Stablecoins are the most widely used or planned instrument (63%), ahead of tokenized deposits (53%) and tokenized money market funds (52%). Some 71% of respondents said real-time cross-border payments have improved or are expected to improve within two years, while respondents also see potential benefits for treasury liquidity management. A reported DBS-Citi weekend dollar transfer settled in minutes, illustrating the use case. Regulatory uncertainty, security concerns and integration challenges remain barriers, and 64% want banks to offer a single access point to tokenized money services. The findings point to growing corporate interest in tokenized money, but do not identify a direct price catalyst for any specific cryptocurrency.
Neutral
The survey signals stronger corporate interest in tokenized money, with stablecoins leading the instruments used or under consideration. In the short term, the findings may encourage discussion of institutional adoption and payment infrastructure, but they do not name a particular stablecoin or crypto asset and provide no direct evidence of increased buying, trading volume or price demand. The market impact on any individual cryptocurrency is therefore likely limited. Over the longer term, broader corporate use of tokenized cash could support development of blockchain-based settlement and liquidity services. That may benefit relevant networks or tokens if adoption translates into on-chain activity and sustained demand. However, regulatory uncertainty, security risks and integration work could slow progress, and the survey alone does not establish that corporate use will flow to public crypto markets. The reported DBS-Citi transfer demonstrates a payment use case, not a direct token-price catalyst.