Ripple Survey Finds 72% of Finance Leaders See Digital Assets as Key to Competitiveness

• Ripple’s survey of more than 1,000 finance leaders found that most believe adopting digital asset solutions is key to staying competitive.
• Around 74% of the participants say stablecoins improve cash-flow efficiency and unlock working capital.

Ripple, the company behind the XRP coin, has conducted a survey of more than 1,000 global finance leaders across banks, asset managers, fintechs, and corporates, in that 72% of them believe that digital asset solutions remain competitive. Their answers showed consensus on stablecoins, tokenization, and partner considerations.  

According to the Ripple survey report published on March 19, among the use cases of all digital assets, financial leaders are most confident in stablecoins because they see them as more than just a quicker way to make payments. 

Rising Momentum in Stablecoins and Tokenization

Financial leaders are the most bullish on stablecoins, and 74% of them see it as a tool to increase cash-flow efficiency and facilitate faster settlements. They are increasingly being seen as strategic instruments for treasury management, which shows how blockchain technology may improve value transfer and management more securely in a cautious financial environment.

The report noted, “Between offering crypto wallets to customers and using stablecoins for treasury management in the next one to two years, fintechs are setting the pace for adoption of real-world digital asset use cases,” which showed that among the organizations surveyed, fintechs constantly show leadership in digital assets.

Further, the survey showed that an increased interest has been observed in tokenization, which makes banks and asset managers seek strategic partners for execution. Among them, 89% focus on crypto custody, 82% focus on lifecycle management, and 80% insist on primary distribution. 

Furthermore, 85% of banks value pre-issuance advising services, compared to 76% of asset managers. In stablecoin adoption, 57% favor partners who provide integrated custody and compliance. According to the survey, the majority of institutions prefer to use a single infrastructure supplier for all of their digital asset requirements, which means a one-stop shop for slightly more than half of fintechs and financial institutions.

The Ripple’s report overall findings indicate that institutions are shifting more toward digital asset solutions and seeking reliable partners to back their efforts in crucial areas like tokenization, payments, and treasury.

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