Franklin Templeton teams up with MoonPay to let big investors swap stablecoins for yields 24/7
Key takeaways
- The partnership comes as Franklin Templeton pushes deeper into digital assets.
- Kaul said one of the most compelling use cases for institutions is the ability to move stablecoin balances into tokenized money market funds and earn yield around the clock.
- "We trade 24/7 in the crypto markets," she said in an interview with CoinDesk.
The integration connects Franklin Templeton's Benji Technology Platform with MoonPay Trade's infrastructure, creating a pathway for eligible institutions to exchange supported stablecoins for exposure to the firm's tokenized money market fund and back again without leaving blockchain networks.
The partnership comes as Franklin Templeton pushes deeper into digital assets. In April, the $1.74 trillion asset manager announced plans to launch Franklin Crypto, a dedicated cryptocurrency division anchored by the acquisition of crypto investment firm 250 Digital. The new unit will focus on active crypto investment strategies, while Franklin Templeton continues building tokenized versions of traditional financial products.
Sandy Kaul, Franklin Templeton's head of innovation and digital assets, said the company sees 2026 as "the year of the universal liquidity layer," where stablecoins, tokenized funds and other forms of digital money become interoperable and can be used across trading, lending and collateral applications.