Franklin Templeton Partners with MoonPay to Connect Stablecoins and Tokenized Money Market Fund on 9 Blockchains

According to CoinDesk, Franklin Templeton partnered with MoonPay on June 2 to enable eligible institutional investors to swap between supported stablecoins and its tokenized money market fund (BENJI) via the Benji platform and MoonPay Trade, without leaving blockchain networks. BENJI is the onchain representation of Franklin OnChain U.S. Government Money Fund, with one share equaling one BENJI token.

BEnji is available on Stellar, Ethereum, Solana, Polygon, Arbitrum, Avalanche, Base, Aptos, and BNB Smart Chain. MoonPay Trade supports tokenized fund subscriptions and onchain settlement across 200+ blockchains and protocols. Franklin Templeton's BENJI fund was valued at approximately $804 million as of December 31, 2025, according to European Central Bank data.