Skip to content
CryptoBanking.news

Stablecoins· Bank & market adoption

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

A new DBS report, The Great Rewiring: Money in a new order, based on a survey of 422 business and finance leaders at organisations with annual revenue exceeding USD 500 million across 11 markets, found that 88% of businesses were already deploying or piloting tokenised money use cases.

AI-generated image: Brushed-steel token terminal with the DBS mark beside three fanned glass discs, one with the USDC logo, joined by a red silk ribbon on a walnut deskAI-generated image
AI-generated image (cryptobanking.news editorial cover). Symbolic studio scene; brand marks identify the organisations in the story and do not imply endorsement.Primary source: DBS (dbs.com)
cryptobanking.news Editorial · AI-assisted, source-verifiedT2Bank / FMIAPAC

Key takeawaysFact

  1. 1A new DBS report, The Great Rewiring: Money in a new order, based on a survey of 422 business and finance leaders at organisations with annual revenue exceeding USD 500 million across 11 markets, found that 88% of businesses were already deploying or piloting tokenised money use cases.
  2. 2Stablecoins (63%) were the most widely adopted tokenised instruments, followed by tokenised deposits (53%) and tokenised money market funds (52%); most leaders expect the benefits within the next two years, led by improved auditability and traceability (72%) and real-time cross-border payments (71%).
  3. 364% of respondents wanted banks to serve as a single point of integration into the tokenised money ecosystem, and 63% sought support for pilots, proofs of concept and integration.
  • Stablecoins
  • Tokenized deposits

Executive summaryFact

A new DBS report, The Great Rewiring: Money in a new order, based on a survey of 422 business and finance leaders at organisations with annual revenue exceeding USD 500 million across 11 markets, found that 88% of businesses were already deploying or piloting tokenised money use cases. Stablecoins (63%) were the most widely adopted tokenised instruments, followed by tokenised deposits (53%) and tokenised money market funds (52%); most leaders expect the benefits within the next two years, led by improved auditability and traceability (72%) and real-time cross-border payments (71%). 64% of respondents wanted banks to serve as a single point of integration into the tokenised money ecosystem, and 63% sought support for pilots, proofs of concept and integration.

Primary source: DBS ↗

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.

— DBS, verbatimString-matched against the live page 2026-10-31

Key factsFact

Event
Survey / report
Jurisdiction
APAC
Source
DBS
Source tier
Tier 2 · Bank / FMI
Product
Stablecoin issuance, Tokenized deposits

Who is affectedFact

Chief financial officers, finance heads and senior treasury executives at organisations with annual revenue exceeding USD 500 million, and the banks they look to for access to tokenised money.

Key datesFact

  • DBS publishes The Great Rewiring: Money in a new order

More from the sourceFact

“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.”

Lim Soon Chong, Group Head of Global Transaction Services, DBS
Verbatim from DBS✓ string-matched against the live page 2026-10-31

Why it matters for banksAnalysis

Corporate finance leaders in the survey name banks as their preferred single point of integration into tokenised money and ask for pilot and integration support, while citing regulatory and compliance uncertainty, data security and operational risks and integration complexity as barriers, which frames tokenised-money access as a transaction-banking service question as much as a technology one.

Editorial analysis based on the facts above and the sources below; not legal or investment advice.

Sources and evidence

  • Official institutionalDBS ↗2026-10-28quote matched 2026-10-31

Evidence types: how we classify sources.

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 c17d18b923721ab4… · fetched 2026-10-28 · Wayback Machine copy ↗
Source type
Official institutional DBS ↗
Change log (15)
  1. 2026-10-31 Verify run + data (2026-10-31 afternoon deploy): verifiedAt refresh on all items, verify snapshots, tracker source verifiedAt, history snapshot 2026-10-31, metr (59ae13f)
  2. 2026-10-31 Verify run + data (2026-10-31 morning deploy): verifiedAt refresh on all items (supersedes the uncommitted verifiedAt-only edits left by the failed 30 Oct night (41e27a5)
  3. 2026-10-30 Verify run + data (2026-10-30 evening deploy): verifiedAt refresh, verify snapshots, history snapshot 2026-10-30, metrics, stablecoins, W44 weekly refresh, gene (9a19611)
  4. 2026-10-30 Verify run + data (2026-10-30 afternoon deploy): verifiedAt refresh, verify snapshots, history snapshot 2026-10-30, metrics, stablecoins, W44 weekly refresh, ge (65f7ccc)
  5. 2026-10-30 Verify run + data (2026-10-30 audio deploy): verifiedAt refresh, verify snapshots, history snapshot 2026-10-30, metrics, stablecoins, monthly report PDF (3e7b364)
  6. 2026-10-30 Verify run + data (2026-10-30 morning deploy): verifiedAt refresh, verify snapshots, evidence for ECB Cipollone T+1/Pontes and Korea FSC items, history snapshot (fe010e8)
  7. 2026-10-30 Verify run + data (leftover from 2026-10-29 22:30 run): verifiedAt refresh on 85 items and tracker sources, verify snapshots, history snapshot 2026-10-29, metri (e3c2c01)
  8. 2026-10-29 Verify run + data (2026-10-29 covers deploy): verifiedAt refresh, verify snapshots, history snapshot 2026-10-29, metrics, stablecoins, monthly report PDF (8ecdc47)
  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)
  12. 2026-10-29 Verify run + data (2026-10-29 morning deploy): verifiedAt refresh, verify snapshots, evidence for Securitize item, history snapshot, metrics, stablecoins, W44 w (9110eaa)
  13. 2026-10-28 Verify run + data (2026-10-28 evening deploy): verifiedAt refresh, verify snapshots, evidence for DTCC item, history snapshot 2026-10-28, metrics, stablecoins, (8ee5983)
  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)

Full evidence record · How we label confidence

AIAI-assisted: summary and analysis were drafted with AI from the primary source and are the editor’s responsibility. AI-drafted from the primary source; quote string-matched by scripts/verify.mjs. Methodology · Corrections · Report an error

Weekly briefThis item is in The Weekly Brief Nº 3 (2026-W44) — this week’s issue, still open.

Related