Franklin Templeton Partners with MoonPay to Connect BENJI with Stablecoin Markets

moneycheck.com3 min read
Franklin Templeton Partners with MoonPay to Connect BENJI with Stablecoin Markets
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U.S. Treasuries

Franklin Templeton has partnered with MoonPay to integrate its BENJI tokenized money market fund with MoonPay’s enterprise-focused onchain execution platform, MoonPay Trade. This collaboration enables qualified institutional clients to seamlessly exchange popular stablecoins, specifically USDC and USDT, for exposure to Franklin Templeton’s blockchain-based money market vehicles. By merging the Benji Technology Platform with MoonPay’s unified API, the integration simplifies liquidity operations, collateral management, and portfolio adjustments for corporate users. This development marks a significant step in embedding regulated, tokenized cash-management solutions directly into broader cryptocurrency ecosystems. As Franklin Templeton manages approximately $1.74 trillion in assets, the move highlights the growing institutional demand for efficient, blockchain-native financial instruments. The partnership effectively bridges the gap between cash-equivalent stablecoins and interest-generating fund products, reinforcing BENJI's utility as a compliant treasury tool. Ultimately, this integration demonstrates the ongoing evolution of institutional onchain infrastructure and the increasing adoption of tokenized assets for routine financial operations.

Key points

  • Franklin Templeton integrates BENJI with MoonPay Trade for direct stablecoin-to-fund exchanges.
  • Institutional users can now swap USDC and USDT for tokenized money market exposure.
  • MoonPay Trade provides a unified API supporting over 200 blockchain networks for execution.
  • Partnership expands BENJI utility for corporate liquidity, collateral, and treasury management.

Background

The Franklin OnChain U.S. Government Money Fund (BENJI) launched in 2021 as the first U.S.-registered mutual fund to utilize public blockchain ledgers. It allows investors to gain exposure to government securities through tokenized shares, providing a transparent, blockchain-native alternative to traditional money market funds.

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