DeFi· ★★★★· bullish·

Quant Tapped by The Clearing House to Power US Tokenized Deposit Network

  • —The Clearing House picked Quant via a competitive process for interoperability and orchestration
  • —The network will connect directly to existing fiat rails RTP and CHIPS
  • —Availability for financial institutions is targeted for the first half of 2027
  • —Quant will offer Tokenised Deposits-as-a-Service to banks lacking the capability
Why it matters: Major US banks are building a shared standard for tokenized deposit settlement, a step that could accelerate institutional blockchain adoption in payments.
Source: Crypto Economy
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