DBS survey: Nearly 90% of large enterprises have used or tested tokenized money

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DBS commissioned EY to survey 422 business and finance leaders at companies with annual revenue exceeding US$500 million across 11 markets; 88% of respondents have used or piloted tokenized money. Among the surveyed companies, 24% have deployed it at scale, 43% have limited live use, and 21% are at the pilot stage; the shares using or planning to adopt stablecoins, tokenized deposits, and tokenized money market funds are 63%, 53%, and 52%, respectively.