Nearly 90% of businesses turning to tokenised money, DBS survey shows

A DBS survey found that 88% of businesses have deployed or are piloting tokenised money use cases. The survey polled 422 global business and finance leaders from organisations with annual revenue exceeding $500 million across 11 markets. Stablecoins were the most widely adopted instrument at 63%, followed by tokenised deposits at 53% and tokenised money market funds at 52%. India ranked third as an expansion destination.

Source: Mint ↗