Franklin Templeton's BENJI Token Offers Peer-to-Peer Transfers within U.S. Treasuries Niche
Thursday, 25 April 2024, 14:58
Introduction
Franklin Templeton has recently announced the integration of peer-to-peer transfers for its on-chain US Government Money Fund through the BENJI token on Polygon and Stellar.
Key Features
- Enhanced Accessibility: Investors can now directly transact with each other within the fund, eliminating intermediaries.
- Increased Efficiency: Peer-to-peer transfers streamline processes and enhance overall fund efficiency.
- Transparent Transactions: This move enhances transparency by allowing investors to interact directly and securely.
Conclusion
Franklin Templeton's addition of peer-to-peer transfers to its fund using the BENJI token marks a significant development in the tokenized U.S. Treasuries market, providing investors with greater flexibility and accessibility.
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