
Clearing House, Which Settles $2T Daily, Explains Why It Chose Quant (QNT)
- —TCH processes more than $2 trillion in payments every business day via CHIPS and EPN
- —The initiative is backed by 25 banks, including Citi, JPMorgan, BofA and Wells Fargo
- —QNT rose from about $65 in mid-September to roughly $373 on September 27, up 474%
- —The tokenized deposit network will open to participating banks in the first half of 2027
Why it matters: A core U.S. banking infrastructure operator validating Quant's technology strengthens the tokenized-deposit narrative and demand for QNT.
Source: The Crypto Basic