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Franklin OnChain U.S. Government Money Fund (BENJI) stablecoin analytics

BENJI is the on-chain share token for Franklin Templeton's FOBXX, an SEC-registered U.S. government money market fund with a stable $1.00 NAV.

Static Profile

Static stablecoin profile

Franklin OnChain U.S. Government Money Fund (BENJI) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.

AI summary / Updated May 15, 2026

BENJI is the on-chain share token for Franklin Templeton's FOBXX, an SEC-registered U.S. government money market fund with a stable $1.00 NAV. BENJI is Franklin Templeton's tokenised share class of FOBXX, the Franklin OnChain U.S. Government Money Fund — a Securities Act of...

AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026

Collateral
U.S. government securities, cash, and repurchase agreements held by the Franklin OnChain U.S. Government Money Fund (FOBXX); '40 Act-registered money market fund custodied by BNY Mellon with Franklin Templeton as transfer agent and Benji as the on-chain share record
Peg Mechanism
Single fund, multi-chain BENJI token tracking FOBXX's stable $1.00 NAV; rebasing share count records distributed yield directly on-chain; subscriptions and redemptions are gated to KYC-verified Benji wallets with USD-wire and Benji-to-USDC settlement paths
Jurisdiction
United States / SEC / Investment Company Act of 1940 (registered money market fund)
Proof Of Reserves
Self-Reported PoR by Franklin Templeton (daily fund holdings and NAV factsheet) Reserve source
Contracts
8 deployments tracked across Aptos, Arbitrum, Avalanche, and Base, plus 4 more.

Snippet Answer

Is BENJI safe?

Pharos does not mark BENJI as absolutely safe. Static metadata says Franklin OnChain U.S. Government Money Fund uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Self-Reported PoR from Franklin Templeton (daily fund holdings and NAV factsheet); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

Next Actions

Exact bot target: /subscribe dews,depeg,safety benji-franklin-templeton

Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.

BENJI quick answers

What is Franklin OnChain U.S. Government Money Fund (BENJI)?

BENJI is the on-chain share token for Franklin Templeton's FOBXX, an SEC-registered U.S. government money market fund with a stable $1.00 NAV. The static profile records its US Dollar peg mechanism as: Single fund, multi-chain BENJI token tracking FOBXX's stable $1.00 NAV; rebasing share count records distributed yield directly on-chain; subscriptions and redemptions are gated to KYC-verified Benji wallets with USD-wire and...

What backs BENJI?

Pharos classifies BENJI backing as Real-World Asset Backed. Collateral, per the static profile: U.S. government securities, cash, and repurchase agreements held by the Franklin OnChain U.S. Government Money Fund (FOBXX); '40 Act-registered money market fund custodied by BNY Mellon with Franklin Templeton as transfer agent and Benji... Reserve evidence: Self-Reported PoR from Franklin Templeton (daily fund holdings and NAV factsheet).

Can BENJI be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for BENJI, when applicable, appear in the dossier below.