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The Clearing House Picks Quant for On-Chain Money: 25 US Banks Align

The Clearing House is owned by 25 major US banks and has selected Quant for its tokenized deposit network linking RTP and CHIPS.

Published:

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What happened

The Clearing House is owned by 25 major US banks and has selected Quant for its tokenized deposit network linking RTP and CHIPS.

Confirmed

Global impact / market context

This matters because 25 major US banks choosing one vendor for tokenized deposits could move real money onto blockchain rails, changing how payments settle and which technology companies banks pay for.

Analyst inference

The same vendor built the UK's GBTD, a government-backed digital money project. That existing work gives Quant a track record in tokenized deposits, which may help explain why the US bank-owned clearing group chose it.

Analyst inference

What to watch

  1. Watch whether The Clearing House confirms the RTP and CHIPS tokenized deposit network moves beyond selection toward actual construction or launch. Confirmed
  2. Watch whether Quant provides further details about how its technology connects RTP and CHIPS for the 25 bank owners. Proposed
  3. Watch whether banks using the network shift payments from existing systems to tokenized deposits, which could change demand for QNT. Analyst inference

Affected assets

  • QNT — Quant

Evidence