Quant Partners with The Clearing House to Enable Interoperability for Tokenized Deposits

Blockchain interoperability firm Quant has announced a partnership with The Clearing House (TCH) to introduce programmable money into the U.S. banking system. The collaboration aims to provide an interoperability layer for tokenized deposits, allowing them to circulate within the regulated banking framework. This initiative builds upon Quant's previous work in the U.K. and Europe, as detailed in the company's recent announcement regarding its On-Chain Money Initiative.