A Standard Chartered Bank survey of 300 enterprise customers shows that more global businesses are increasingly using the renminbi for revenue, supply chains, and procurement, rather than for debt financing. The report points out that there is a structural underutilization of renminbi financing, with nearly a quarter of surveyed enterprises expecting to increase their renminbi holdings over the next three years. Nevertheless, the renminbi's share in global payments remains at only around 3%, far below the US dollar's 50% share.