Nearly 90% of Large Firms Embrace Tokenized Cash to Speed Up Payments, DBS Says

A DBS survey finds that nearly 90% of large businesses are adopting tokenized cash to accelerate their payment processes. Stablecoins are the most widely used or planned instrument, cited by 63% of respondents. Tokenized deposits follow at 53%, while tokenized money market funds stand at 52%. The findings point to growing corporate interest in blockchain-based money as a faster alternative to traditional payment methods.