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Country guideUSUSDSEC + CFTC + state-licensed

Best crypto money-market funds in the United States

Audit receipt#cc-US-MMF-2026.09-6836195e Methodology §3affiliate economics did not influence this ranking

Fidelity Treasury Digital Fund — OnChain class (FYOXX / FDIT) ranks highest in ChainChoice’s published money-market funds ranking among the providers that list the United States — A Rule 2a-7 registered money market fund. Fragmented regulation: SEC for securities-like tokens, CFTC for commodities, state-level money-transmitter licensing on top.

RegulatorSEC/CFTCSecurities and Exchange Commission (SEC) + Commodity Futures Trading Commission (CFTC) + state regulators
Currency$ USDUS Dollar
Payment railsACHWire · Debit Card · Apple Pay
MiCA statusNot applicableLocal framework
Reviewed Next review by Published Methodology v2026.10.18
How this page is reviewed

Reviewed means every product ranked on this page was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.

Accountable for this review: Mathias Siemonsmeier, Founder.

How we review · Review calendar · Corrections log · How we make money

Direct answer

Which crypto money-market fund should United States residents use in November 2026?

Fidelity Treasury Digital Fund — OnChain class (FYOXX / FDIT) ranks highest in ChainChoice’s published money-market funds ranking among the providers that list the United States — A Rule 2a-7 registered money market fund. The order is the published ranking itself; providers whose terms exclude the United States are removed. Check authorisation with SEC/CFTC before depositing.

Right fit for this list
  • United States residents holding capital in USD
  • Users who need SEC/CFTC-aligned compliance and audit-grade reporting
  • Buy-and-hold profiles benefiting from the United States' tax treatment
  • Sophisticated retail and family-office treasurers
Wrong fit — look elsewhere
  • Derivatives / perpetuals traders (use a regulated futures venue instead)
  • Privacy-focused users avoiding KYC (these are licensed venues)
  • Day-traders chasing the lowest spreads regardless of regulator posture
  • Anyone needing a service SEC/CFTC does not currently authorise

General guidance for the United States: the ranking engine does not compute these notes and they do not change the order below. If none fits you, answer the Find My Best questions for a result for your profile.

5 money-market funds listed for the United States

In ChainChoice’s published ranking order, from this category’s 8 providers: those whose terms exclude the United States are removed; those silent on it come last. Each chip names the basis: a dated check, a region listing, or the provider's own claim.

  1. #1 for the United StatesFidelity Treasury Digital Fund — OnChain class (FYOXX / FDIT)#2 globallyProvider states broad availability

    A Rule 2a-7 registered money market fund with a dedicated on-chain share class whose blockchain record is explicitly secondary to the transfer agent's book-entry register.

    Regulator and registration number — 10/10Portfolio and liquidity rules — 9/10Published fee against fund yield — 8/10
    Broad availabilityprovider-stated, not checked by us

    Fidelity Treasury Digital Fund — OnChain class (FYOXX / FDIT) · sec.gov.

  2. #2 for the United StatesFranklin OnChain U.S. Government Money Fund (FOBXX / BENJI)#3 globallyLists United States; the United States not individually verified

    A 1940 Act registered government money market fund whose transfer agent keeps the official share register on public blockchains.

    Regulator and registration number — 10/10Token as the share of record — 9/10Published fee against fund yield — 9/10
    Lists the United Statesprovider-stated, not checked by us

    Franklin OnChain U.S. Government Money Fund (FOBXX / BENJI) · franklintempleton.com.

  3. #3 for the United StatesWisdomTree Treasury Money Market Digital Fund (WTGXX)#5 globallyLists United States; the United States not individually verified

    A registered 2a-7 money market fund tokenised across seven networks, publishing its token contract addresses and its weighted average maturity.

    Regulator and registration number — 10/10Portfolio and liquidity rules — 9/10Published fee against fund yield — 8/10
    Lists the United Statesprovider-stated, not checked by us

    WisdomTree Treasury Money Market Digital Fund (WTGXX) · wisdomtree.com.

  4. #4 for the United StatesBlackRock USD Institutional Digital Liquidity Fund (BUIDL)#6 globallyProvider states broad availability

    A British Virgin Islands limited company sold under a Section 3(c)(7) private-placement exemption, tokenised across nine networks by Securitize.

    Token as the share of record — 6/10Regulator and registration number — 3/10
    Broad availabilityprovider-stated, not checked by us

    BlackRock USD Institutional Digital Liquidity Fund (BUIDL) · securitize.io.

  5. #5 for the United StatesInvesco Short Duration US Government Securities Fund (USTB)#8 globallyLists United States; the United States not individually verified

    A tokenised private fund with an accumulating NAV, offered to accredited investors at a $100,000 minimum and issued directly as shares in token form.

    Published fee against fund yield — 8/10Token as the share of record — 7/10
    Lists the United Statesprovider-stated, not checked by us

    Invesco Short Duration US Government Securities Fund (USTB) · superstate.com.

Commission: None of these providers pays ChainChoice anything for these links. Disclosure

Facts only in your country: local rules on promoting crypto-asset products are under review, so ChainChoice shows no sign-up links and earns no referral fees here.

Crypto products are high risk. Check the provider is authorised where you live before you deposit.

How you can lose money here, and what the ranking scores
  • Insolvency failure: the firm or issuer that owes you cannot pay.
    Scored by Token as the share of record · 30% (Fidelity Treasury Digital Fund — OnChain class (FYOXX / FDIT) 3/10, Franklin OnChain U.S. Government Money Fund (FOBXX / BENJI) 9/10, WisdomTree Treasury Money Market Digital Fund (WTGXX) 3/10)
    Scored by Portfolio and liquidity rules · 20% (Fidelity Treasury Digital Fund — OnChain class (FYOXX / FDIT) 9/10, Franklin OnChain U.S. Government Money Fund (FOBXX / BENJI) 9/10, WisdomTree Treasury Money Market Digital Fund (WTGXX) 9/10)
  • Regulatory failure: no licence where you are, or a forced market exit.
    Scored by Regulator and registration number · 28% (Fidelity Treasury Digital Fund — OnChain class (FYOXX / FDIT) 10/10, Franklin OnChain U.S. Government Money Fund (FOBXX / BENJI) 10/10, WisdomTree Treasury Money Market Digital Fund (WTGXX) 10/10)
Not assessed by this ranking: Contract failure, Control failure, Custody failure, Exit failure, Information failure. A high place says nothing about these; the Methodology tab says what each means.
Also scored, as cost, quality or a summary of several families: Published fee against fund yield (22%).

Each cell is verified against the provider's filings or the SEC/CFTC register; a gap shows "—", never an estimate.

Fee, KYC, rails and licence by provider in the United States
ProviderTaker fee in the United StatesKYC tierUSD railsSEC/CFTC license
#1Fidelity Treasury Digital Fund — OnChain class (FYOXX / FDIT)————
#2Franklin OnChain U.S. Government Money Fund (FOBXX / BENJI)————
#3WisdomTree Treasury Money Market Digital Fund (WTGXX)————
#4BlackRock USD Institutional Digital Liquidity Fund (BUIDL)————
#5Invesco Short Duration US Government Securities Fund (USTB)————

Source: ChainChoice provider catalog cross-referenced with the SEC/CFTC register; each fee as of its entry's latest verification (accuracy methodology).

Is using a crypto money-market fund legal in the United States?

Yes. Crypto money-market funds are regulated in the United States by Securities and Exchange Commission (SEC) + Commodity Futures Trading Commission (CFTC) + state regulators. Always verify a platform's licensing status with SEC/CFTC before transacting.

How is crypto taxed in the United States?

Short-term gains (≤1y) taxed at ordinary income rates (10-37%). Long-term gains (>1y) taxed at 0%, 15%, or 20% depending on income. IRS Form 1099-DA reporting from 2026. Editorial summary, not tax advice: consult a qualified tax advisor in the United States before filing.

What payment methods work for buying crypto in the United States?

The most common rails for retail onramps in the United States are: ACH, Wire, Debit Card, Apple Pay. Most regulated platforms support at least the first of these. Card payments may incur 2-4% fees vs. ~0.5% for bank transfers.

Are international platforms (Coinbase, Kraken, Binance) available in the United States?

Availability varies by platform and product. The United States has its own licensing regime under SEC/CFTC, and not every global platform is registered. The shortlist above removes platforms whose terms exclude the United States; the chip on each row says whether availability is verified, listed or unstated.

Who supervises crypto services in the United States

  • SEC · Securities and Exchange Commissioncrypto assets that are securitiesRead on sec.gov
  • CFTC · Commodity Futures Trading Commissioncrypto derivativesRead on cftc.gov
  • FinCEN · Financial Crimes Enforcement Networkanti-money-launderingRead on fincen.gov
  • NYDFS · New York State Department of Financial Serviceslicenses or registers crypto services; conduct and client protection; prudential (capital, safeguarding)Read on dfs.ny.gov

Authorities read . Each source is re-read within 180 days, or the build fails.

Country data verifiednot publishedSourceSEC/CFTC ↗Methodology v2026.10.18
Best crypto money-market funds — other countries