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BenFen
BenFen is a multi-currency stablecoin blockchain for global payments, powered by the Move language. It focuses on the G20 stablecoins ecosystem, native cross-chain functionality, and dApps like BenPay.
Distributed
Description
BenFen is a next-generation multi-currency stablecoin blockchain designed for global trusted on-chain payments. Powered by the Move programming language, it aims to be secure, high-performance, and low-cost. The platform's core stablecoin is BUSD, a 1:1 USD-pegged asset minted via collateral or swaps from USDC/USDT using a native cross-chain bridge. BenFen also features a Global Stablecoin Issuance Framework for creating stablecoins pegged to G20 fiat currencies like EUR, INR, and RUB, with on-chain real-time exchange rates. The blockchain architecture emphasizes security with Move's resource control to prevent vulnerabilities, multi-address compatibility for wallet integration, and a native full-node cross-chain bridge. It reports high throughput with a transaction processing time of less than 0.5 seconds, a TPS of 240,000, and an average transaction cost of 0.001 BFC.Grant Funding
VC Funding
None
2025
$0
$10M