Exploring the Roles of Stablecoins and Money Market Funds in Cash Management

Sandy Kaul is the Executive Vice President and Head of Innovation at Franklin Templeton, the OG global asset manager when it comes to tokenization and digital assets.

In this conversation, we dive into the newly passed GENIUS Act and what it means for stablecoins, banks, and the future of cash. We explore Franklin Templeton’s journey launching BENJI, their tokenized money market fund, way back in 2019, long before most firms were paying attention to digital assets. We also dig into Sandy’s views on consumer accounts, payments, and investments in an on-chain world.