Quant provides technical support for the The Clearing House tokenized deposit network
2026-09-27 10:44:04
According to CoinMeta, Quant will provide technical support for the on-chain currency initiatives under The Clearing House. It will be responsible for network interoperability, orchestration, and transaction management, as well as connecting with existing fiat payment systems such as RTP and CHIPS. This network will offer financial institutions the capability for tokenized deposit transactions, supporting instant settlement and automatically triggering transactions once preset conditions are met. It is expected to be open to participating institutions in the first half of 2027. The American payment network operated by The Clearing House processes over $2 trillion in clearing and settlement transactions daily.
Source:Internet
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