DBS

4 days agoNews Editor

DBS survey finds 63% of respondents using or planning to use stablecoins

A DBS survey found that stablecoins were the most commonly used or planned tokenized tool among respondents, with 63% saying they already use them or intend to adopt them. Tokenized deposits followed at 53%, while tokenized money market funds came in at 52%. The survey also showed that 71% of respondents said real-time cross-border payments have already improved or are expected to improve within the next two years. At the same time, respondents pointed to several barriers that continue to slow adoption, including regulatory uncertainty, security risks, and difficulties with system integration. About 64% of those surveyed said they want banks to serve as a unified gateway into the tokenized money ecosystem, highlighting the role traditional financial institutions may play in access and onboarding.

190

DBS

5 days agoNews Editor

DBS survey says 88% of large companies are using or piloting tokenised money

A DBS survey found that 88% of large companies are already using or piloting tokenised money. The survey said the adoption trend reflects an ongoing shift in digital finance and is set to affect strategy decisions at both banks and corporations. The update was carried by Techub News, which cited Crypto Briefing. While the brief did not provide details on the survey sample, timeline, or methodology, it highlighted tokenised money as an area that large enterprises are actively testing or putting into use. The finding points to growing corporate engagement with digital forms of money in a way that DBS says is tied to broader financial digitisation.

170

Franklin Templeton

9 days agoNews Editor

Franklin Templeton Adds $150 Million of sgBENJI Shares to XRP Ledger, With All Tokens Held in One Wallet

Franklin Templeton added about $150 million in shares of its tokenized money market fund to the XRP Ledger, lifting the network’s sgBENJI total to nearly 193 million shares. Based on the $1.039 share price recorded in the transactions, the position is worth close to $200 million. Ledger records reviewed by CoinDesk show that every newly issued share was sent to a single wallet, which now holds the fund’s entire token balance on XRPL. That wallet shares the same eight authorized signing addresses as Franklin’s issuing account, and any two of those signers can approve a transaction. Two subscription receipts were written to the ledger on Wednesday, each showing a $75 million cash subscription with its own reference code. Two matching token batches of just over 72,184,793 shares were then issued at 02:58 and 04:13 UTC on Thursday. The report said it remains unclear whether the wallet represents one investor or an omnibus account for multiple clients. Franklin’s fund documents describe a register that combines blockchain entries with off-chain records linking wallet addresses to real-world identities. The firm had not responded to CoinDesk’s questions as of Saturday morning in Asia. RWA.xyz ranks Franklin second among tokenized asset platforms on XRPL, behind Ripple’s RLUSD and ahead of Ondo.

450

DBS

18 days agoNews Editor

DBS says softer core CPI could test the dollar’s rally

DBS analyst Philip Wee said New York Fed President John Williams supports another rate hike by the end of 2026, but does not endorse market pricing for additional tightening in 2027. Wee said Williams stressed that the Federal Reserve remains data-dependent, not reliant on any single data point, and that policy will be guided by the likely inflation path over the next one to two years rather than one-off releases. Against that backdrop, today’s CPI report should be judged more on core inflation, which is expected to slow from 0.3% to 0.2%. Williams also said the forces pushing inflation lower remain intact, with price pressure concentrated in AI and energy instead of spreading across the broader economy. He added that he sees little evidence of labor-market-driven inflation or an overheating US economy. That distinction matters for the dollar, Wee said, because the currency’s gains since the Fed’s September rate hike have depended heavily on expectations for more tightening. The report was cited by Jin10.

480

DBS

21 days agoNews Editor

DBS CEO says markets are repricing AI investment risk, which could make funding more cautious

DBS Group Chief Executive Officer Tan Su Shan said markets are repricing the risks tied to artificial intelligence investments, a shift that could make funding activity more cautious. She made the remarks at the DBS Asia Future Forward conference in Singapore, according to Bloomberg Technology. The comment points to a more careful stance in capital allocation around AI-related deals, at least in the view she described at the event. The report was cited by Techub News in a short market analysis item published on Oct. 12, 2026. No additional figures or examples were provided in the source brief, and no further details were disclosed on which parts of the AI investment market were being reassessed.

540

DBS

27 days agoNews Editor

DBS CIO says AI-led earnings continue to support tech stocks, while high-grade bonds above 5% look attractive

DBS Group Chief Investment Officer Hou Wey Fook said earnings growth driven by artificial intelligence continues to support major technology stocks. He also said investment-grade bonds yielding more than 5% offer an attractive source of income and add stability to portfolios. Hou made the remarks during an interview on Bloomberg’s "Insight" program with Haslinda Amin. The comments point to a split preference between growth exposure through large tech names and defensive income through higher-quality fixed income. Bloomberg Technology was cited in the original report.

500

Stablecoins

2 months agoNews Editor

Banks Turn to Tokenized Deposits as SWIFT Pushes Weekend Cross-Border Transfers

Banks are using tokenized deposits and shared ledgers to keep cross-border payments moving outside normal banking hours, without replacing decades-old core systems. On Saturday, Sept. 5, DBS and Citi completed a U.S. dollar transfer from Singapore to New York in minutes using tokenized deposits and SWIFT’s new ledger. The article argues that the bottleneck in cross-border transfers has long sat with bank operating systems and settlement windows, not message delivery alone. Rather than rebuilding core banking infrastructure across dozens of jurisdictions, banks are creating parallel “side-core” systems that let balances move 24/7 while preserving legacy architecture underneath. The piece also frames this buildout as a direct response to stablecoin competition. Shared ledgers give banks a way to coordinate obligations, payment states, and net settlement across institutions, while keeping corporate clients inside the banking stack for credit, FX, treasury management, and support. At the same time, stablecoins still hold an edge in payments beyond the banking network, especially where banking access is weak or expensive. The emerging picture is not a winner-takes-all market, but a split model: bank deposits become programmable and always available, while stablecoins remain useful for open, cross-network transfers.

910

Singapore

2 months agoNews Editor

Singapore records first local tokenized deposit payment with DBS, OCBC and UOB

DBS Bank, OCBC and UOB have completed a local tokenized deposit payment in Singapore dollars on Swift’s blockchain ledger, according to Odaily. The transaction marks the first interbank tokenized deposit deal completed among the three institutions. The banks had previously carried out cross-border transactions on Swift Ledger. With local interoperability now in place, corporate clients will be able to make tokenized payments across participating institutions. The update points to a new step in applying tokenized bank deposits to domestic payment flows in Singapore, based on the details provided in the brief. No additional transaction size or settlement timeline was disclosed in the source item.

1110

Total 22 items

Go topage

Bit.Fan