Nearly 90% of large businesses are embracing tokenized cash to speed up payments: DBS
Summary
A new survey from DBS reveals that almost ninety percent of large companies are adopting tokenized cash to accelerate their transaction processes. Stablecoins currently dominate these implementations and future plans, followed by tokenized deposits and tokenized money market funds.
Stablecoins lead instruments in use or planned at 63%, ahead of tokenized deposits at 53% and tokenized money market funds at 52%.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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