Benji令牌力量無縫的OnChain定居點

這項創新的核心是富蘭克林·鄧普頓投資（Franklin Templeton Investments）發行的本吉（Benji）令牌。本吉（Benji）是一個像徵性的貨幣市場基金，每天賺取收益率並在恆星區塊鏈上運作。

In the high-stakes world of OTC derivatives, speed is everything. Traditional financial systems often fail to keep up with the pace of global markets. Custodian bottlenecks and wire transfer delays make capital inefficient and slow to respond, especially in cross-border transactions.

在OTC衍生品的高風險世界中，速度就是一切。傳統的金融系統通常無法跟上全球市場的速度。保管人的瓶頸和電線轉移延誤使資本效率低下且響應緩慢，尤其是在跨境交易中。

To overcome these inefficiencies, Nonco, a digital asset trading firm, partnered with SwapGlobal, a leading multi-dealer broker, and Franklin Templeton, a global investment firm, to demonstrate how Stellar blockchain can revolutionize real-time OTC trading using tokenized treasuries.

為了克服這些效率低下，數字資產貿易公司Nonco與領先的多銷商經紀人Swapglobal合作，以及全球投資公司Franklin Templeton，旨在證明Stellar區塊鏈可以如何革新實時的OTC交易，並如何使用標記的國庫進行實時的OTC交易。

Nonco traders engaged in a derivative transaction with SwapGlobal using BENJI, a tokenized money market fund issued by Franklin Templeton Investments and operating on the Stellar blockchain. BENJI earns yield daily and is readily recognized by traders for its liquidity and capital efficiency.

NONCO貿易商使用Swapglobal進行了衍生品交易，該交易是使用Benji（由富蘭克林·鄧普頓投資公司（Franklin Templeton Investments）頒發的令牌化的貨幣市場基金，並在Stellar區塊鏈上運營。 Benji每天賺取收益率，並因其流動性和資本效率而被交易者很容易認可。

This transaction, which involved a notional of USD 100 million in a derivative contract, also included a tokenized treasury note that was seamlessly transferred on-chain.

這項交易涉及一份衍生合同中的1億美元的名義，還包括一份無縫轉讓鏈的令牌財政部。

Despite the transaction's complexity and cross-border nature, Nonco completed settlement in less than one hour, a stark contrast to the typical 24-hour window required for traditional custodial and accounting procedures.

儘管交易的複雜性和跨境性質，但在不到一小時的時間內完成了定居點，與傳統的託管和會計程序所需的典型24小時窗口形成鮮明對比。

Moreover, the transaction was fully compliant with applicable regulations and ensured complete traceability of capital flows.

此外，交易完全符合適用的法規，並確保了資本流的完全可追溯性。

“This transaction showcases the potential of tokenized assets to revolutionize global finance. We are grateful to Franklin Templeton for issuing BENJI on Stellar and to SwapGlobal for their partnership in this endeavor,” said Charles Benisty, CEO of Nonco.

Nonco首席執行官Charles Benisty說：“這項交易展示了令牌資產對全球金融的革命性的潛力。我們感謝富蘭克林·鄧普頓（Franklin Templeton）發行了本吉（Benji）在Stellar上發行了本吉（Benji），並為這項努力提供了合作夥伴關係。”

“We are excited to continue exploring the possibilities of blockchain technology for institutions.”

“我們很高興繼續探索機構的區塊鏈技術的可能性。”

Institutions can now engage in derivative transactions with varying payoffs and maturities, transferring value instantly and securely across borders.

機構現在可以從事不同的收益和期限的衍生交易，從而立即牢固地轉移價值。

This capability is crucial for institutions involved in complex cross-border transactions, especially in emerging markets where rapid response times are essential for optimal capital use.

這種能力對於參與復雜跨境交易的機構至關重要，尤其是在快速響應時間對於最佳資本使用至關重要的新興市場中。

The Stellar network, recognized for its reliable and secure infrastructure, has been trusted for over a decade to facilitate cross-border payments and tokenization of assets.

恆星網絡因其可靠且安全的基礎架構而聞名，已有十多年的信任，以促進跨境支付和資產的令牌化。

With its low-cost transactions, instant settlement capabilities, and built-in compliance features, the Stellar blockchain provides an ideal platform for institutions engaging in real-time OTC trading.

憑藉其低成本交易，即時結算功能和內置合規性功能，Stellar區塊鍊為從事實時OTC交易的機構提供了理想的平台。

“We are impressed by Nonco’s ability to quickly integrate and execute on new technologies. Together, we’ve demonstrated a use case that will be critical for institutions looking to engage in efficient and rapid OTC transactions,” said Martin Chaix, Global Head of FinTech at Franklin Templeton.

“ Nonco能夠快速整合和執行新技術的能力給我們留下了深刻的印象。我們共同證明了一種用例，這對於希望從事高效且快速的OTC交易的機構至關重要。” Franklin Templeton Fintech全球負責人Martin Chaix說。

“We are excited to continue exploring partnerships that drive innovation in the financial industry.”

“我們很高興繼續探索推動金融行業創新的合作夥伴關係。”

The use of tokenized treasuries like the BENJI token presents a blueprint for the future of collateral in global finance. Unlike traditional treasury collateral, tokenized assets remain on-chain and liquid, enabling efficient capital use.

Benji代幣等令牌化國庫的使用為全球財務中的抵押品提供了藍圖。與傳統的財政抵押品不同，令牌化資產仍然是鍊和液體，從而有效地使用了資本。

They are transferred instantly and monitored on a transparent ledger, ensuring optimal efficiency and traceability, especially in the fast-moving OTC derivative market.

它們會立即轉移並在透明的分類帳上進行監控，以確保最佳效率和可追溯性，尤其是在快速移動的OTC衍生產品市場中。

Furthermore, BENJI offers yield while being used as collateral, turning idle capital into an active financial asset. This eliminates the old trade-off between security and productivity, giving institutional traders a real edge in today's competitive markets.

此外，Benji在被用作抵押品的同時提供了產量，將閒置的資本變成活躍的金融資產。這消除了安全性和生產率之間的舊權衡，使機構交易員在當今的競爭市場中具有真正的優勢。

The Stellar blockchain’s infrastructure supports a growing ecosystem of real-world assets, including tokenized treasuries, stablebonds, and digital payment assets.

恆星區塊鏈的基礎設施支持了不斷增長的現實資產生態系統，包括標記的國庫，穩定債券和數字支付資產。

With global reach across 180 countries, Stellar enables governments, fintechs, and financial institutions to issue, move, and settle tokenized assets in a unified ecosystem.

在整個180個國家 /地區的全球覆蓋範圍內，Stellar使政府，金融科技和金融機構能夠在統一的生態系統中發出，移動和解決令牌資產。

By supporting real-time issuance and transfer, the Stellar network removes traditional boundaries in finance and paves the way for financial access, especially in markets where traditional banking infrastructure is limited.

通過支持實時發行和轉讓，Stellar網絡消除了財務中的傳統界限，並為財務通道鋪平了道路，尤其是在傳統銀行基礎設施有限的市場中。

This collaboration between Nonco, Franklin Templeton, and SwapGlobal demonstrates how blockchain can rapidly deliver scalable, real-world solutions in institutional finance.

Nonco，Franklin Templeton和Swapglobal之間的這種合作證明了區塊鏈如何在機構金融中迅速提供可擴展的現實世界解決方案。