Franklin Templeton's U.S. Government Money Market Fund Reaches $1.98 Billion in AUM on the Stellar Network

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Franklin Templeton's U.S. Government Money Market Fund (FOBXX) reached $1.98 billion in AUM by April 2026, operating as BENJI tokens on the Stellar network. The fund, now the second-largest real-world asset on the network, benefits from recent network upgrade enhancements. As government crypto regulation continues to evolve, institutional interest in blockchain-based assets remains robust.

Odaily Planet Daily reports: Franklin Templeton officially disclosed data showing that its Franklin OnChain U.S. Government Money Market Fund (FOBXX), which operates in the form of the BENJI token, has been live for five years and, as of April 2026, has become the second-largest real-world asset (RWA) on the Stellar network with assets under management reaching $1.98 billion.

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