Franklin OnChain U.S. Government Money Fund (BENJI) quarantined stablecoin record
Live tracking temporarily paused
Temporarily withheld because permitted runtime sources do not provide a positive circulating supply or market cap.
Effective 2026-07-15; review due 2026-08-15
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 JPMorgan Chase Bank 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
Snippet Answer
Is BENJI safe?
Franklin OnChain U.S. Government Money Fund is not in Pharos's active universe. Temporarily withheld because permitted runtime sources do not provide a positive circulating supply or market cap.
Next Actions
This record preserves static and historical context; live actions are available only for active assets.
Source: checked-in StablecoinMeta profile fields. This inactive record does not participate in current live monitoring; 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...
Is BENJI safe?
Franklin OnChain U.S. Government Money Fund is not in Pharos's active universe. Temporarily withheld because permitted runtime sources do not provide a positive circulating supply or market cap.
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 JPMorgan Chase Bank with Franklin Templeton as transfer agent... 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. BENJI is outside active monitoring; this static record preserves the reviewed control context.