The Clearing House Selects Quant for Tokenized Deposit Network
The Clearing House has chosen Quant to provide the interoperability and transaction-management layer for its On-Chain Money Initiative. The project aims to integrate tokenized deposits into the U.S. financial system, connecting them to existing RTP and CHIPS payment rails. Participating financial institutions are expected to gain access to the network in the first half of 2027.
Summaries are written by AI from the original article. Not investment advice.