Nonco has leveraged Stellar’s blockchain to optimize collateral management for financial derivatives. The institution conducted a pioneering transaction using Franklin Templeton’s BENJI token on the Stellar network, which represents the FOBXX US Government money market fund. This transaction, facilitated by the Stellar network’s speed and transparency, provided SwapGlobal with a public and immutable transaction record and completed the process in mere minutes. The efficiency and reduced costs offered by Stellar allow for greater liquidity and more efficient capital deployment, addressing the traditional market’s liquidity constraints and enhancing overall efficiency. Nonco’s use of the Stellar network highlights the potential of blockchain technology in streamlining derivatives trading.