Stellar (XLM) Powers $1.9B BENJI Fund and $660M Tokenized US Treasuries

Stellar's public blockchain is being used by Franklin Templeton to operate its $1.9 billion BENJI money‑market fund. The network records ownership and handles transfers for the fund, offering a cost of about $1.13 for 50,000 transactions versus roughly $75,000 on traditional processing rails.

The same Stellar infrastructure now hosts over $660 million in tokenized U.S. Treasury‑related assets, highlighting the growing role of blockchain in tokenized finance. The fund’s visibility has drawn renewed attention to Stellar's native token, XLM, which has posted a 10 % gain in June 2026 and is trading near the $0.30 technical level that traders are watching. Analysts note that continued adoption of tokenized assets could further boost XLM’s price momentum.