Banks featured prominently in large companies’ plans for tokenized money: 64% of DBS survey respondents wanted banks to provide a single point of integration into the tokenized-money ecosystem, while 88% said their companies had started deploying or testing related use cases.
DBS released The Great Rewiring: Money in a New Order on Oct. 28. The report surveyed business and finance leaders at companies with annual revenue above $500 million across 11 markets. U.S. companies were included in the survey, but DBS reported the 88% figure for the full 11-market sample, without a separate U.S. result.
The 88% combines companies at different stages of deployment and testing; it is not a full-scale adoption rate.
Among the instruments listed in the report, stablecoins had the highest reported share, at 63%. Tokenized deposits stood at 53%, while tokenized money market funds were at 52%. These figures describe the reported shares for the listed instruments; the 88% figure combines companies deploying and testing use cases.
Asked about possible gains over the next two years, respondents most often pointed to better audit trails (72%) and real-time cross-border payments (71%). Stronger internal controls were cited by 66%, while 65% expected better treasury liquidity management. The figures capture expectations, rather than gains DBS said companies had already achieved.
Interest in bank support covered both access and implementation. Support for early trials, feasibility work and connecting systems was sought by 63%; the 64% seeking access wanted banks to provide a single integration point. Lim Soon Chong, Group Head of Global Transaction Services at DBS, said fragmented networks may increase complexity and compliance demands for companies.
Taken together, the results describe companies exploring practical uses while looking to banks for access and implementation help. They do not establish how many participating businesses have incorporated tokenized money into full-scale operations.
