Top Blockchain Use Cases for Enterprise in 2025 (With Real Case Studies)

This 2025 field guide distills where blockchain is already delivering measurable ROI for enterprises—and how to implement it next quarter, not next decade. Expect concrete metrics, live platforms, and step-by-step practices drawn from production deployments.

TL;DR (description)

Tokenization, programmable collateral, and verifiable data have moved from pilots to production in 2025, with banks, manufacturers, and airlines reporting hard numbers on throughput, AUM, and emission abatements. This post highlights the enterprise-grade use cases that are working now, the platforms behind them, and actionable practices for deployment.

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The shift in 2025: from proofs-of-concept to profit-and-loss

• Tokenized U.S. Treasuries on public chains now exceed $9.1B TVL (up from ~$770M at end‑2023), led by BlackRock’s BUIDL and other institutional issuers—evidence that onchain cash instruments are becoming core treasury primitives. (onchaintreasury.org)
• In wholesale markets, Broadridge’s Distributed Ledger Repo (DLR) platform processed an average of $368B in daily repo volume in November 2025 (>$7.4T total that month), showing that tokenized settlement can operate at market scale. (broadridge-ir.com)
• J.P. Morgan’s rebranded Kinexys platform (formerly Onyx) reports $2B+ average daily payments and $1.5T+ processed since inception, with corporate clients moving funds 24/7 and posting tokenized collateral. (jpmorgan.com)

Below are the enterprise use cases delivering results now—and how to execute them.

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1) Tokenized cash, collateral, and intraday markets

What’s working

• Instant collateral mobility and margining: J.P. Morgan’s Tokenized Collateral Network (TCN) moved tokenized shares of a BlackRock money market fund to Barclays as live OTC derivatives collateral—minutes to tokenize, near‑instant transfer. (theblock.co)
• 24/7 programmable payments and treasury sweeps: Kinexys (JPM Coin system) processes >$2B in daily transactions across USD/EUR/GBP, with FX capabilities on the roadmap—used by multinationals for after‑hours liquidity and on‑chain repo. (jpmorgan.com)
• Large‑scale tokenized repo: Broadridge DLR regularly clears hundreds of billions in daily repo, accounting for roughly low‑single‑digit percent of the U.S. repo market; September–November 2025 ADVs ranged ~$339B–$385B+. (broadridge-ir.com)

Case study snapshot

• BlackRock–Barclays via JPM TCN: first live posting of tokenized MMF shares as collateral; connectivity to the fund’s transfer agent allowed minutes‑level tokenization and near‑instant transfer. (theblock.co)
• Kinexys at scale: $1.5T+ cumulative since inception; $2B+ average daily volume across five continents of clients. (jpmorgan.com)
• DLR at scale: $368B ADV in Nov‑2025 (>$7.4T monthly), up 466% YoY. (broadridge-ir.com)

Emerging best practices

• Start with collateral use cases: Repo and margining deliver measurable time‑value benefits within current legal rails; integrate with custodians/transfer agents to minimize operational change. (theblock.co)
• Use permissioned ledgers for cash‑like instruments; connect to public chains via controlled interfaces only where needed (e.g., oracles, proofs).
• Establish intraday liquidity policies (credit lines, cutoffs) that assume 24/7 settlement and programmable recall rights.

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2) Tokenized funds for corporate treasury and market access

What’s working

• Onchain money funds as treasury building blocks: BlackRock’s BUIDL crossed $1B AUM within a year of launch and has expanded to multiple chains; it’s accepted as collateral by major crypto venues and supports near real‑time dividends and transfers. (prnewswire.com)
• Multichain distribution and utility: BUIDL expanded to Solana after Aptos/Arbitrum/Avalanche/Optimism/Polygon, supporting institutional treasury, stablecoin reserves, and collateralization. (finance.yahoo.com)
• Private markets tokenization: Hamilton Lane made a portion of its $5.6B Secondaries Fund VI available via Securitize on Polygon (lower minimums, digital onboarding), and expanded its tokenized private credit fund (SCOPE) to Ethereum/Optimism with daily NAV and instant redemptions via a capped liquidity pool. (nasdaq.com)

Market signal

• Tokenized Treasuries TVL hit $9.1B by Dec‑2025, with institutional issuers leading; BUIDL alone exceeded $1B by March‑2025 and continued to scale through 2025. (onchaintreasury.org)

Implementation checklist

• Define transfer‑agent and fund‑accounting roles up front; don’t bolt these on later.
• Embed oracles for NAV and dividend accrual (e.g., daily NAV feeds) and set redemption gates/queues in smart contracts to manage liquidity cycles. (coindesk.com)
• Design for multichain distribution while keeping cap‑table control centralized via transfer‑agent records.

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3) Supply‑chain traceability and Digital Product Passports (DPP)

What’s working

• Automotive battery passports: Volvo’s EX90 ships with a production‑grade battery passport powered by Circulor, exposing raw material origins (cobalt, nickel, graphite, lithium), embedded CO2, and recycled content via QR/app—first at industrial scale, about $10 per vehicle to produce. (reuters.com)
• Regulatory tailwinds: EU Battery Regulation mandates digital battery passports for EV/industrial/LMT batteries from Feb 18, 2027; ESPR (adopted March 2024) generalizes DPPs to many product categories from 2026–2030. (circulor.com)

Case study snapshot

• Volvo EX90 DPP: live in EU/U.S. rollouts; built over multi‑year supplier onboarding (145+ suppliers on Circulor’s network), with immutable traceability for regulators and consumers. (circulor.com)

Emerging best practices

• Start with “conflict‑and‑carbon” materials (cobalt, nickel, lithium) where auditability risk is highest; attach supplier attestations as verifiable credentials to each lot. (arxiv.org)
• Separate regulated regulator‑facing data views from consumer views; maintain off‑chain PII and on‑chain proofs/hashes to meet privacy requirements.
• Budget realistically: supplier integration and data quality (not the chain) dominate timelines and cost. Volvo–Circulor began traceability work in 2018 to reach production scale in 2024. (circulor.com)

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4) Sustainability accounting and Scope 3: SAF book‑and‑claim at scale

What’s working

• Avelia (Shell Aviation, Amex GBT, Accenture) has emerged as a leading blockchain‑powered SAF book‑and‑claim platform: by March 31, 2025 it had onboarded 57+ corporations/airlines, executed 900+ retirements, injected >33M gallons of SAF at 17 airport injection points, and abated >300,000 tCO2e; by June 30, 2025, >41M gallons and ~370,000 tCO2e. (amexglobalbusinesstravel.com)
• In 2H‑2025 Avelia evolved into a multi‑supplier solution with independent data hosting and its first external SAF supplier (Moeve), increasing liquidity and coverage. (safinvestor.com)

Why blockchain here

• Book‑and‑claim depends on tamper‑evident allocation of environmental attributes; blockchain prevents double‑counting across suppliers, airlines, and corporates and supports external auditability. (accenture.com)

Implementation practices

• Tie SAF retirements to purchase orders and travel profiles with verifiable credentials; map to your Scope 3 inventory and audit trail requirements.
• Demand airport‑level injection attestations and chain‑of‑custody proofs—Avelia reports airport injection points and retirements transparently. (amexglobalbusinesstravel.com)

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5) Cross‑border payments and wholesale CBDC settlement

What’s working

• Multi‑CBDC corridors at MVP: Project mBridge reached MVP in mid‑2024, with 35+ commercial banks conducting real‑value payments/FX in e‑CNY, e‑THB, e‑AED, and e‑HKD between April–September 2024; the platform supports issuance/redemption, PVP FX, and transfers. (bis.org)
• Wholesale CBDC in live production: Switzerland’s Project Helvetia III has settled >CHF 750M of digital bonds (cantons, cities, UBS, World Bank) on SIX Digital Exchange using real wCBDC; the SNB extended and expanded the pilot through at least mid‑2027. (reuters.com)

Takeaways for CFOs and banks

• Time‑to‑settle drops from days to seconds for cross‑border corridors; governance and liquidity design (pre‑funding vs. market‑maker models) are now the main constraints, not technology. (theasset.com)
• For near‑term benefits, combine wholesale‑grade tokenized cash (bank coins, tokenized deposits) with RTGS links—exactly what SNB is testing alongside wCBDC. (snb.ch)

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6) Stablecoin payments and merchant acceptance

What’s working

• Payments processors: Stripe re‑enabled crypto payments in 2024, starting with USDC on Solana/Ethereum/Polygon—useful for chargeback‑resistant, cross‑border commerce. (coindesk.com)
• Networks and issuers: Visa expanded stablecoin settlement support in 2025 (adding PYUSD, USDG; new chains incl. Stellar and Avalanche). PayPal’s PYUSD went multichain (Solana, then Arbitrum) with commerce‑oriented features and rewards for balances. (usa.visa.com)

Implementation practices

• Treat stablecoin acceptance like an alt‑rail: price in FX spreads, on/off‑ramp fees, and reconciliation. Use payment service providers (PSPs) that auto‑convert to fiat and handle tax reporting.
• For procurement/AP, stablecoins can compress settlement cycles and weekend/holiday delays; start with supplier cohorts in high‑fee corridors.

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7) Insurance and risk: fully regulated on‑chain marketplaces

What’s working

• Regulated on‑chain insurance: Nayms operates with Bermuda’s full Digital Asset Business license and Innovative Insurer General Business (IIGB) license, enabling tokenized re/insurance programs with on‑chain premiums, claims, and commissions. Aon completed pilots placing insurance on Nayms with custodial settlement and automated broker commissions; Nayms also launched an industry loss warranty reinsurance contract on Base. (businesswire.com)

Implementation practices

• Begin with parametric or ILW structures (simpler data triggers); use regulated venues and segregated account structures. Ensure custody, disclosures, and claims automation are codified in smart contracts and enforceable under governing law. (royalgazette.com)

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8) Capital‑markets infrastructure and post‑trade modernization

What’s working

• DTCC’s tokenization push: acquisition of Securrency (now DTCC Digital Assets) positions DTCC to embed tokenization across post‑trade functions and enable end‑to‑end digital lifecycle processing; Project Ion (Corda) continues as a parallel DLT settlement environment. (dtcc.com)
• Digital exchanges: SDX runs regulated issuance/settlement with atomic delivery‑versus‑payment and dual listing into traditional CSDs, demonstrating live operations with wCBDC settlement. (sdx.com)

Implementation practices

• Prioritize interoperability and standards (message schemas, token standards, legal identifiers). The fastest‑moving firms are aligning tokenization rails with traditional custody/settlement rather than replacing them outright. (dtcc.com)

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Putting it to work in 90–180 days

1. Pick a use case with line‑of‑business urgency:

   • Liquidity: intraday repo/collateral (Kinexys, DLR) or tokenized Treasuries (BUIDL) for treasury yield and collateral efficiency. (broadridge-ir.com)
   • Compliance/market access: battery or product passports aligned to EU deadlines; begin supplier onboarding and data capture now. (circulor.com)
   • Scope 3: SAF book‑and‑claim with credible book‑and‑claim retirement tracking. (amexglobalbusinesstravel.com)

2. Decide your money rail early:

   • Bank tokens/tokenized deposits for permissioned internal flows (Kinexys); stablecoins for external B2B; plan for CBDC corridors where available. (jpmorgan.com)

3. Architect controls before code:

   • Transfer‑agent records, role‑based entitlements, audit logs, and circuit breakers. Use verifiable credentials (e.g., vLEI) to bind organizational identities and signing authority to transactions. (gleif.org)

4. Design for multichain without multiplying risk:

   • Keep golden records off‑chain with on‑chain proofs; use bridges only where necessary; adopt oracle standards for NAV/FX/attestations. (coindesk.com)

5. Prove value with precise KPIs:

   • Collateral mobilization time (T+hours to seconds), settlement fails reduction, working‑capital released, carbon abatement verified, unit cost of compliance (per‑asset/passport), and error‑rate in reconciliations.

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Risks to manage (and how leading adopters are addressing them)

• Legal finality and insolvency regimes: Wholesale CBDC pilots (SNB/SDX) and tokenized‑deposit programs (UK RLN/GBDT pilots) are probing legal settlement finality and programmability under existing statutes—follow their patterns and use regulated infrastructures first. (snb.ch)
• Double‑counting in sustainability claims: Use platforms with transparent retirement registries and third‑party attestations (Avelia’s injection/retirement tracking, independent data hosting). (amexglobalbusinesstravel.com)
• Operational risk in multichain distribution: When extending tokenized funds cross‑chain, implement redemption gates and on‑chain controls, and ensure investor records remain authoritative at the transfer agent. (coindesk.com)

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Budgeting and timelines (realistic ranges we see)

• Collateral/repo pilots: 8–12 weeks to first live flow if banking partners and custodians are aligned; 3–6 months to scale. Benchmarks: Kinexys/TCN and DLR show production‑grade throughput at institutional scale. (jpmorgan.com)
• Tokenized fund access for treasury: 6–10 weeks including KYC/AML and policy updates; multichain integration adds 2–4 weeks. Benchmarks: BUIDL’s expansion footprint and Hamilton Lane’s tokenized feeders. (prnewswire.com)
• DPP/battery passport: 4–8 months for a single product line to reach compliant data capture and verifiable attestations; lead time is mostly supplier integration and data quality. (circulor.com)
• SAF book‑and‑claim: 4–6 weeks for procurement integration and emissions accounting mapping, faster if your TMC already supports the platform. (amexglobalbusinesstravel.com)

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What to watch next

• Banks converging on interoperable rails: Tokenized deposits (UK GBDT/RLN), bank coins (Kinexys), and wCBDC pilots (SNB, mBridge) are moving toward legal and technical interoperability—expect cross‑rail PVP and DVP proofs to harden. (ledgerinsights.com)
• Tokenized funds as collateral everywhere: Acceptance of onchain MMFs/Treasuries as collateral across exchanges and prime brokers is accelerating—BUIDL’s growing collateral footprint is an early signal. (prnewswire.com)
• Identity primitives for B2B workflows: vLEI and sector‑specific verifiable credentials (travel, suppliers) will reduce counterparty checks and speed onboarding in regulated industries. (gleif.org)

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The bottom line

For decision‑makers, 2025 isn’t about “should we use blockchain?”—it’s about which production‑grade rail you can plug in now to fix specific P&L or compliance pain. If you focus on the use cases above, align with regulated infrastructure, and measure the right KPIs, you can move from a 12‑month lab to a 12‑week rollout—and see the benefits in cash velocity, collateral efficiency, audit readiness, and verified emissions reductions.