Franklin Templeton's sgBENJI Treasury Fund Reaches $192.7M on XRP Ledger
- —Combined sgBENJI value across XRPL and Stellar is $231.18 million
- —XRPL holds $192.7 million versus $38.49 million on Stellar
- —sgBENJI is the largest non-stablecoin RWA on XRPL at 56% share
- —U.S. Treasury debt on the XRP Ledger totals $439 million
Why it matters: The surge signals that the XRP Ledger is becoming a meaningful venue for tokenized Treasury products.
Source: The Crypto Basic