MMF (Money Market Fund)

Tokenized money market funds represent over $8.6B in AUM, making them the largest category of tokenized financial products. BlackRock’s BUIDL, Franklin Templeton’s BENJI, and Fidelity’s offerings provide on-chain access to Treasury-backed yield. SEC-defined under Rule 2a-7, MMFs maintain stable NAV through strict portfolio composition requirements — the same regulatory framework applies whether the fund shares are tokenized or traditional.

Canonical site: StableMMF.com

Cross-references: StableTbill.com, StableNAV.com, StableEquities.com