Quant chosen to power tokenized deposit network for US clearing house
The Clearing House has selected Quant to provide the software layer for a future tokenized-deposit system, but the need for its QNT token remains unclear.
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Every story we have filed on Tokenized Deposits.
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The Clearing House has selected Quant to provide the software layer for a future tokenized-deposit system, but the need for its QNT token remains unclear.
Quant (QNT) surged 178% in a week after The Clearing House appointed it to power its upcoming on-chain money platform.
Major UK banks have completed live customer payments using tokenized versions of sterling deposits on a shared blockchain platform.
IBM introduced a beta link between its Digital Asset Haven and SWIFT’s shared ledger, while also launching an on-premises version for regulated banks.
Seven major UK banks completed the first customer transactions using tokenised British pound deposits on a joint distributed ledger system.