CoinMeta data: In a report released on September 24, Citibank indicated that 77% of financial institutions expect to use some form of tokenized collateral in 2026, as banks and market operators push blockchain settlements towards practical applications. The report analyzed the use of tokenized cash, money market funds, government bonds, and other assets in margin and financing, noting that institutions are transitioning from the testing phase to actual collateral applications. Citibank stated that high costs in traditional markets make it difficult for large financial institutions to manage large amounts of collateral among custodians, clearinghouses, and counterparties, and that settlement times and system fragmentation can lead to delays in the timely transfer of assets. Citibank's research shows that a single institution may have up to $15 billion in idle collateral, resulting in annual losses of about $346 million for large companies.