Quant (QNT) Surges 300% Following The Clearing House Partnership
Quant (QNT) rallied 300% to over $270 after The Clearing House (TCH) selected it as the technology provider for its On-Chain Money Initiative. Quant's Overledger acts as an interoperability layer, enabling banks to settle tokenized deposits across different systems. Unlike stablecoins, tokenized deposits remain bank liabilities protected by deposit insurance. Other notable assets in the institutional tokenization sector include Canton Network (CC) and Chainlink (LINK).
Summaries are written by AI from the original article. Not investment advice.