Analyst Cites Franklin Templeton Remarks to Boost XRP, XLM, and HBAR Outlook

Franklin Templeton has constructed an institutional finance framework unlike anything seen previously. During an appearance in a video shared on X by crypto analyst X Finance Bull, Sandy Kaul, the firm’s Head of Innovation, detailed how the asset manager currently calculates interest on its tokenized money market fund down to the exact second.

“If you hold it for three hours and six seconds, you get three hours and six seconds worth of interest,” Kaul stated, adding: “Nobody can do that today.”

This technology operates via Franklin Templeton’s Benji platform, which debuted on June 10, 2025. The system manages second-by-second interest calculations, ownership transfers, and daily distributions, operating continuously through weekends and holidays.

The more Franklin Templeton talks about this, the more bullish I get on $XRP, stellar:native, and hedera-hashgraph:native.

Watch this interview.

Buckle up, this one’s gonna be a long read.

I've been following institutional blockchain adoption for years, and I genuinely… https://t.co/Adba0xAMZf pic.twitter.com/wV4UPRf8gK

— X Finance Bull (@Xfinancebull) October 26, 2026

What This Means for Institutional Capital

At a large scale, intraday yields produce notable figures. Assuming a 4% annual yield, a $100 million holding generates roughly $457 over one hour and $10,959 across a 24-hour period.

As institutions shift substantial funds across investments, payments, and trading strategies, they can now capture financial returns that historically remained uncollected.

As Kaul summarized: “There is not a single cent in her portfolio that will be idle.”

XRP Ledger Enters the Picture

Analyst X Finance Bull linked this technological capability to three distinct networks, beginning with the XRP Ledger. On September 18, 2025, Franklin Templeton, Ripple, and DBS Bank disclosed plans to integrate sgBENJI tokenized money market fund shares with RLUSD via the DBS Digital Exchange. Franklin Templeton opted for XRPL to support sgBENJI due to its efficiency, high speed, and minimal transaction expenses.

Subsequently, on October 22, 2026, Franklin Templeton distributed approximately $150 million worth of additional sgBENJI shares on the XRPL. Two separate issuances of roughly 72.18 million shares apiece elevated the total recorded balance to approximately 192.7 million shares, which carried an estimated value of $200 million based on a price of $1.039 per share. Meanwhile, the firm’s XRPZ exchange-traded fund registered roughly $363.11 million in net assets as of September 15, 2026.

Stellar and Hedera Also Involved

Franklin Templeton initially deployed its OnChain U.S. Government Money Fund, FOBXX, on the Stellar network in April 2021, marking the first time a U.S.-registered mutual fund utilized a public blockchain to track ownership and settle transactions. By April 30, 2026, the fund’s assets on Stellar exceeded $650 million.

On the Hedera network, Archax rolled out near-second cash flow processing technology on June 11, 2026, enabling the distribution of income from tokenized securities using USDC.

Additionally, on July 14, 2025, Lloyds Banking Group, Aberdeen Investments, and Archax finalized a UK-pioneering transaction on Hedera, employing tokenized money market fund units alongside UK government bonds as collateral for foreign exchange trades.

Institutional Infrastructure Builds

Franklin Templeton continues broadening its scope in tokenized financial operations. In February 2026, the asset manager established an initiative with Binance, enabling institutional participants to utilize tokenized money market fund shares as trading collateral maintained within off-exchange custody solutions.

By June 2026, the company partnered with MoonPay Trade to bridge stablecoins with tokenized money market assets for corporate treasury management and enhanced liquidity.

Looking ahead, X Finance Bull views the confluence of these advancements as a positive long-term indicator for XRP, XLM, and HBAR.

Frequently Asked Questions

What is Franklin Templeton’s Benji platform?

Launched on June 10, 2025, the Benji platform is the internal technology used by Franklin Templeton to process second-by-second interest calculations, handle ownership transfers, and execute daily distributions across weekends and holidays.

Which blockchain networks are utilized by Franklin Templeton for its tokenized funds?

Franklin Templeton utilizes the XRP Ledger (XRPL) for sgBENJI shares, Stellar for its FOBXX OnChain U.S. Government Money Fund, and Hedera, where partners like Archax facilitate cash flow technologies and collateral transactions.

What is the scale of Franklin Templeton’s tokenized operations mentioned in the article?

The firm’s FOBXX fund held over $650 million in assets on Stellar as of April 30, 2026. Additionally, Franklin Templeton issued approximately $150 million in additional sgBENJI shares on XRPL on October 22, 2026, bringing its recorded balance on that network to roughly 192.7 million shares valued at about $200 million.

How does second-by-second interest calculation benefit institutional investors?

By calculating yield down to the second, institutions moving capital between investments, payments, and trading activities can collect financial returns on holdings that previously would have sat idle.