ChainCatcher message, asset management giant Franklin Templeton announced the expansion of its on-chain U.S. government money market fund (FOBXX) to the Avalanche network. The fund is represented by the BENJI token and is currently traded on Stellar, Polygon, and Arbitrum.Franklin Templeton's Head of Digital Assets, Roger Bayston, stated that this move will further broaden the use of its innovative tokenized money market fund. FOBXX was established in 2021 and is the first U.S. registered mutual fund to record transactions on a public blockchain, investing in low-risk U.S. government securities. It is the second-largest tokenized fund, following BlackRock's BUIDL project. Currently, the management scale of tokenized government securities has reached $1.8 billion.

ChainCatcher news, according to Decrypt, payment giant Stripe has announced the integration of the Avalanche network. This integration allows users to seamlessly access crypto products and decentralized applications, such as decentralized exchanges and NFT platforms running on Avalanche.At the same time, users can purchase Avalanche's native AVAX coin using debit or credit cards in the Avalanche ecosystem wallet Core, with Stripe handling all KYC-related transactions.

ChainCatcher news, according to Cointool data, the Gas fees on the Avalanche network have surged to an average of 5200 Gas (approximately $4.5), more than 200 times the normal level of 25 Gas.It is reported that the spike in Gas fees may be due to the launch of the inscription minting project $BEEG by Fish, co-founder of the Avalanche ecosystem DEX platform Trader Joe. In response, Fish stated, "I have apologized, but honestly, blaming a dapp that makes the chain unusable when the chain should scale is a bit silly."

ChainCatcher news, according to NFT Evening, Ukrainian mobile operator Lifecell has launched an NFT marketplace called NFT Talkers based on the Avalanche blockchain, and Lifecell will also establish its own token. On NFT Talkers, artists creating their own NFT collections can allow projects to allocate a portion of the revenue to charity.In addition, Lifecell will transfer all funds collected from their sales to the national fund to support Ukraine in its fight against Russia. (Source link)