Benji's total value is $1.1 billion... Stellar's recorded portion is about $1 billion

Franklin Templeton’s tokenized money-market fund BENJI has reached about $1.1 billion in total asset value, with roughly 1.021 billion tokens recorded on the Stellar network at a $1 net asset value per token, or about $1.021 billion. RWA.xyz showed total token supply of 1.103 billion BENJI tokens against the $1.1 billion product value. The Stellar-recorded supply represents only part of the total, though the article notes the $1.1 billion figure is close to BENJI’s overall value rather than Stellar alone. The milestone matters as one of the largest tokenized Treasury-style products, underscoring Stellar’s role as a distribution venue for regulated real-world-asset funds. Watch next for changes in BENJI supply across chains and whether issuance continues to concentrate on Stellar.