Quant

1 months agoNews Editor

QNT jumps about 300% as TCH picks Quant, putting tokenized bank deposits in focus

Quant’s QNT has climbed about 300% over the past week, rising above $270 with 24-hour trading volume topping $600 million after The Clearing House selected Quant as the technology provider for its On-Chain Money Initiative. Two days later, seven major U.K. banks, including Barclays, HSBC and Lloyds, used the Quant platform to complete what the report described as the first real-customer payments using tokenized pound deposits. The article argues that the market move is tied less to Quant operating a blockchain and more to its role as an interoperability and orchestration layer. Through Overledger, Quant connects different blockchains and legacy banking systems while remaining compatible with existing payment rails such as RTP and CHIPS. That architecture matters because a network involving 25 U.S. banks is unlikely to force every participant onto the same chain. The report also contrasts tokenized deposits with stablecoins, saying banks favor deposits because they remain bank liabilities on balance sheet and do not disintermediate deposits. Beyond QNT, it highlights Canton’s CC as the closest comparable asset, CANTO as a smaller and riskier RWA-linked play, LINK as an indirect infrastructure beneficiary through data, oracle and cross-chain services, and XRP and XLM as older payment-settlement narratives that may face pressure if banks choose blockchain upgrades over wholesale replacement of existing systems.

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Quant

1 months agoNews Editor

QNT jumps more than 3x in a week after TCH picks Quant for tokenized deposit network

Quant’s QNT token has surged more than 300% over the past seven days, rising from around $61 in mid-September to about $268 by Monday afternoon Taiwan time, according to CoinGecko data cited in the source report. The move followed a Sept. 24 announcement from The Clearing House, or TCH, which said Quant will provide technology for its On-Chain Money Initiative, a new payments network designed to clear and settle tokenized deposit transactions among financial institutions. Quant is set to handle interoperability, orchestration and transaction management while connecting the project to TCH’s existing RTP real-time payments rail and the CHIPS large-value payments system. The network is expected to go live in the first half of 2027. Forkast also reported that the initiative has commitments from 25 large financial institutions, including Bank of America, JPMorgan, Citi, Wells Fargo, BNY Mellon and U.S. Bank. Separately, several UK banks reportedly used Quant’s Overledger platform this month to complete real customer payments using tokenized pound deposits, adding another catalyst to the market’s focus on the company.

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Quant

1 months agoNews Editor

Quant jumps about 300% in a week as tokenized bank deposits draw fresh attention

Quant’s QNT token surged about 300% over the past week, climbing above $270 with 24-hour trading volume topping $600 million. The move followed a clear catalyst: on Sept. 24, The Clearing House selected Quant as the technology provider for its On-Chain Money Initiative. Two days later, seven major U.K. banks, including Barclays, HSBC and Lloyds, used Quant’s platform to complete what the report described as the world’s first real customer payment transactions involving tokenized pound deposits. The development has pushed tokenized deposits back into focus. The Clearing House clears and settles more than $2 trillion a day and runs core U.S. payment rails including RTP and CHIPS. Its initiative involves 25 major U.S. banks and is expected to go live in the first half of 2027. The report argues that Quant’s role is not to run a blockchain of its own, but to act as an interoperability and orchestration layer linking bank systems, blockchains and existing payment infrastructure. It also draws a sharp line between tokenized deposits and stablecoins, then maps out related assets including Canton Network, Canto, Chainlink, XRP and XLM, each with a different position in the broader bank-on-chain infrastructure trade.

640

Quant

1 months agoNews Editor

Quant’s bank deals in the UK and US put QNT back in focus after a four-day surge

Quant has returned to the center of the crypto market after a sharp rally in QNT that followed a series of bank-related announcements in the UK and the US. On Sept. 24, Quant said it had been selected by The Clearing House to provide technology for its On-Chain Money Initiative, a project tied to payment rails that clear and settle more than $2 trillion each business day. On the same day, the UK’s programmable deposit platform GBTD said it had completed its first three live transactions, with Quant serving as the connector across participating banks’ systems. The move in QNT then accelerated after gold analyst Jan Nieuwenhuijs posted on Sept. 27 that he now recommended buying at least one QNT, framing the token in asymmetric return terms. The token jumped from around $120 to as high as $370 before pulling back. Even so, the article argues that the price action cannot be explained by fundamentals alone, noting that low liquidity, momentum buying and leverage may also have amplified the move. At the center of the story is Quant’s role as an interoperability and orchestration provider for tokenized deposits, bank systems and multiple blockchains. The key question now is not only whether more institutions adopt Quant’s technology, but whether QNT itself is embedded in real settlement and payment flows tied to those deployments.

660

QNT

1 months agoNews Editor

After QNT’s surge, traders are scanning for the next TradFi-onchain token narrative

QNT has become one of the market’s hottest TradFi-onchain trades after a sharp rally that was amplified by social media and renewed attention to Quant’s institutional partnership story. According to figures circulating in the market, the token was up more than 140% at one point in a single day and more than 400% over four days before pulling back from local highs. The move followed growing discussion of Quant’s role in The Clearing House’s On-Chain Money Initiative, a project aimed at building a network for clearing and settling tokenized deposits while connecting with existing payment rails such as RTP and CHIPS. Still, the market is split on whether that development directly supports the QNT token. Some analysts argue that The Clearing House selected Quant’s Overledger technology, not the token itself, and that there is still no public contract detail showing QNT will be used in clearing, settlement, or collateral functions. BlockBeats said that beyond QNT, investors are also watching other TradFi-onchain names tied to securities custody, collateral management, tokenized assets, trade finance, and cross-chain infrastructure, including Canton and its token CC, Chainlink, Ondo, Stellar, XDC Network, and Axelar.

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QNT

1 months agoNews Editor

QNT jumps about 158% in a week as bank tokenized deposit narrative fuels attention

QNT has become a closely watched token after market discussions linked its rally to Quant’s reported role in a tokenized bank deposit network. According to the cited discussion, The Clearing House selected Quant to provide technical support for the network, with Quant serving as the interoperability and orchestration layer. The same discussion said the network has backing from 25 large U.S. banks, while seven banks in the U.K., including HSBC, Barclays and Standard Chartered, were said to have already completed real tokenized deposit transactions through Quant. The market read those developments as a sign that demand for putting traditional financial assets on-chain is moving from narrative to implementation. QNT was said to have risen about 158% over the past week, with the price at one point moving from around $70 to near $370. Some observers argued Quant’s value proposition is tied less to public-chain traffic and more to middleware and interoperability for bank-to-bank asset tokenization. Others said the move was amplified by an institutional narrative and a liquidity vacuum, while warning that the sharp pullback has made chasing the rally notably riskier.

710

Quant

1 months agoNews Editor

QNT surges after analyst’s call as Quant’s tie-up with The Clearing House draws attention

Quant’s token, QNT, extended a sharp rally after analyst Jan Nieuwenhuijs posted a new social media call that echoed his 2013 Bitcoin recommendation. In the post, he said people should buy at least one QNT, framing the trade as a limited downside against a much larger upside. The message spread widely and helped push QNT up 145% in a single day, with the token touching $373 and logging a 430% gain over four days before pulling back nearly 30% to $253 at press time. Its market capitalization stood at $3.15 billion. The move also came as traders focused on Quant Network’s Sept. 24 announcement that it had partnered with The Clearing House, a major U.S. bank clearing institution, to bring onchain programmable money into the U.S. market. Quant said it would provide the interoperability layer so tokenized deposits can move within a regulated banking system. Nieuwenhuijs, who began linking Quant’s Overledger to the Bank for International Settlements’ unified ledger concept in June 2023, said he expects another official Quant partnership could be announced in the coming months, possibly involving the Agora project for wholesale cross-border payments.

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QNT

1 months agoNews Editor

QNT Jumps Nearly 300% in a Week as Quant’s Banking Infrastructure Narrative Gains Traction

Quant’s native token, QNT, has become one of the most closely watched assets in crypto after posting a 297.3% gain over the past seven days. At the time of writing, QNT was trading at 265 USDT, up 46.64% over 24 hours, after briefly reaching 373 USDT. The move has been tied largely to Quant’s Sept. 24 announcement that it will provide technology for The Clearing House’s On-Chain Money Initiative, a project aimed at building an interoperable payment network for tokenized deposit clearing and settlement. The market has also folded in Quant’s other recent institutional ties, including work with Dentsu Soken in Japan, Murex’s MX.3 platform, and the UK’s Great British Tokenised Deposits project. Still, the available information only confirms that QNT can be used to pay for Overledger subscriptions. It does not establish that banks participating in these initiatives must hold or use QNT, leaving open the question of how much business growth can translate into direct token demand.

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