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Nearly 90% of large businesses are embracing tokenized cash to speed up payments: DBS

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 28/10/2026, 10:55:24 UTC.

Briefings

A 2026 report by DBS indicates that stablecoins are the most widely used financial instrument, accounting for 63% of large businesses' holdings, surpassing tokenized deposits (53%) and tokenized money market funds (52%). This shift represents a significant move toward digital cash equivalents in the UK financial sector.

Key points

• Stablecoins are the most widely used financial instrument, with 63% of large businesses holding them, surpassing tokenized deposits at 53% and tokenized money market funds at 52%.

Context

This data reflects a 2026 snapshot of the UK financial sector's adoption of digital cash equivalents, showing a clear preference for stablecoins over other tokenized instruments among large businesses.

Limitations

The evidence is limited to a 2026 snapshot of large businesses only, with no data on smaller entities or specific geographic regions beyond the UK context.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 28/10/2026, 10:56:11 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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