DBS survey: 88% of firms are adopting tokenized money for treasury

• —24% of firms run tokenized money in full production, 43% in limited use and 21% in pilots
• —Stablecoins are used or planned by 63%, tokenized deposits by 53% and CBDCs by 51%
• —72% expect better transaction traceability and 71% expect real-time cross-border payments
• —64% want banks to act as a single integration point for tokenized money ecosystems