Central banks value tokenisation for efficiency and security
Respondents see less value in crypto or stablecoin payments
Central banks generally see tokenisation as an important step towards achieving greater payments efficiency, the Payments Benchmarks 2025 find.
Asked to rate tokenisation’s importance from one to five, five being “very important” and one being “very unimportant”, the average answer was 3.8, close to a score of four (“important”).
Asked how supportive the central bank is of cryptocurrencies like bitcoin being used for retail payments, the average answer was 2.3. Possible scores ranged from one
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