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Evidence record

DBS survey: 88% of large businesses are deploying or piloting tokenised money; stablecoins most adopted, ahead of tokenised deposits

Read the item · published 2026-10-28

Evidence

Confidence
Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
Quote verified
2026-10-31 16:50 UTC
Archived snapshot
SHA-256 c17d18b923721ab425018e302b0aaede48a7812095646d20d376ad35cd197aec · fetched 2026-10-28 · Wayback Machine copy ↗
Source type
Official institutional DBS ↗
Saved excerpt around the quote (source text, 2026-10-28)
… payments and collections within the next two years Singapore, 28 Oct 2026 - Tokenised money is increasingly becoming a mainstream tool for large corporations to move value instantly round-the-clock, with greater control across a wider network of markets. According to a survey by DBS, 88% of businesses were already deploying or piloting tokenised money use cases, reflecting its potential to help institutions optimise liquidity and scale confidently across new trade corridors, markets and currencies. This comes as businesses rewire business operations, treasury operations and financial management toolkits amid volatility and trade fragmentation. In response to supply chain reconfigurations, over three in four respondents had to adapt their opera …
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  9. 2026-10-29 Verify run + data (2026-10-29 evening deploy): verifiedAt refresh, verify snapshots, evidence for Galaxy item, history snapshot 2026-10-29, metrics, stablecoins (71c9301)
  10. 2026-10-29 Newsroom 2026-10-29 evening: Galaxy applies to the OCC to establish Galaxy National Bank, a proposed national trust bank for digital asset custody, trading and (1dfb963)
  11. 2026-10-29 Verify run + data (2026-10-29 midday deploy): verifiedAt refresh, verify snapshots, evidence for BoE tokenised-collateral, Ripple/Coinbase RLUSD and Securitize (a48b8c2)
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  14. 2026-10-28 Verify run + data (2026-10-28 midday deploy): verifiedAt refresh, verify snapshots, evidence for DBS and Taiwan FSC items, history snapshot 2026-10-28, metrics, (9267b7d)
  15. 2026-10-28 Newsroom 2026-10-28 midday: DBS survey: 88% of large businesses deploying or piloting tokenised money, stablecoins 63% ahead of tokenised deposits 53% (dbs.com, (933ad30)

Verified quotes

  • “According to a survey by DBS, 88% of businesses were already deploying or piloting tokenised money use cases, reflecting its potential to help institutions optimise liquidity and scale confidently across new trade corridors, markets and currencies.”
  • “Stablecoins (63%) were the most widely adopted tokenised instruments, followed by tokenised deposits (53%) and tokenised money market funds (52%).”
  • “64% of respondents wanted banks to serve as a single point of integration into the tokenised money ecosystem, while 63% sought support for pilots, proofs of concept and integration.”
  • “For companies, fragmentation may add complexities and compliance obligations.”

String-matched against https://www.dbs.com/newsroom/Over_eight_in_10_businesses_starting_to_adopt_tokenised_money_to_aid_liquidity_management_improve_payments_and_support_business_expansion_DBS_survey by scripts/verify.mjs before every deploy.

AI-drafted from the primary source; quote string-matched by scripts/verify.mjs · AI-assisted