BounceBit has launched Borobudur, a credit layer that links Franklin Templeton's BENJI and CeDeFi strategy positions in a 0% BB-denominated borrowing framework while the underlying assets keep generating yield. BENJI, which represents shares of Franklin Templeton's Franklin OnChain U.S. Government Money Fund, or FOBXX, serves as the reference asset in a structure meant to combine tokenized Treasury exposure and crypto-native strategies inside one capital stack. The launch follows BounceBit's August 2025 integration of BENJI into yielding strategies and was formally announced on August 19, 2026, extending the platform's push into tokenized real-world assets after earlier Treasury-linked work that included BlackRock's BUIDL. BounceBit has described Borobudur as a live product release rather than a partnership or roadmap item, though the announcement did not confirm detailed mechanics such as whether BENJI is formally posted as collateral or how borrowing limits are set. The move broadens BB's role inside BounceBit's credit rails and shifts attention to adoption, BENJI-linked liquidity and whether the framework expands to more RWA integrations.