Singapore’s DBS Survey Finds 88% of Businesses Using or Testing Tokenized Money

Global businesses are adopting tokenized money much faster than expected to improve how they manage cash and reach new markets. Lim Soon Chong, a top executive at Singapore’s DBS bank, confirmed this rapid growth today. According to a recent DBS survey, 88 per cent of businesses are already using or testing tokenized money for their daily operations. 88% of big companies are already using or testing tokenized money That’s from a new survey by DBS, Singapore’s largest bank, of 422 business and finance leaders at companies with $500M+ in yearly revenue, across 11 markets including the US, UK and China…

Source: DeFi Planet