DBS

According to a survey by DBS and EY among 422 financial executives, 88% of large companies are already using or testing tokenized money. 24% have implemented it on a large scale, 43% have limited use, and 21% are conducting pilots. Stablecoins lead the way: 63% are using or planning to use them.

Citi and DBS conducted their first tokenized transaction, completed in minutes. This is an improvement compared to the usual 2 days.