Money market · Franklin Templeton

BENJI · OnChain U.S. Government Money Fund

Fund size

$790m

Yield (7-day)

3.7%

Holders

1,180

Is it used?

Used

Fact sheet

Issuer: Franklin Templeton
Tokenisation platform: Franklin (in-house)
Chains: Stellar, Polygon, Ethereum, Arbitrum, Base, Avalanche, Aptos, Solana
Launched: Apr 2021
Redemption: Daily; T+0 within the app
Legal structure: US registered money market fund (1940 Act)
Who can invest: US retail and institutional · minimum $20

Is it actually used?

512 wallets active and 2,350 transfers in 30 days; 31% idle.

Idle supply (90 days): 31%
Held by the top 10 wallets: 48%
Transfers, 30 days: 2,350
Active wallets, 30 days: 512

Describes on-chain activity only. It says nothing about the quality of the fund.

Accepted as collateral?

Tracker

Binance (off-exchange)Exchange margin · haircut —Under review

CFTC tokenised collateral pilot (US derivatives)Derivatives margin · haircut Set by clearing housePilot

DTCC collateral pilotClearing and settlement · haircut Pilot termsPilot

UK central counterpartiesDerivatives margin · haircut —Not accepted

Reserves and reporting

Up to date

Daily NAV by Fund administrator. Latest: 2026-11-08 (2 days ago).

All attestations →

Who is involved

Ethereum Stellar

Information only, compiled from public sources with AI assistance. Not investment, legal, tax or regulatory advice, and not a recommendation to buy or sell anything. Scenarios describe what could happen and what has happened before; they are not forecasts. Prices are delayed or end-of-day. Always check the original source.