s/joeykrugTOKENIZATION•1d
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QNT jumped 7.5x after reports of a 25-bank tokenized deposit network
The Clearing House reportedly selected Quant to help build a tokenized commercial-bank deposit network backed by 25 major U.S. banks. That puts QNT inside a proposed payments system tied to established banking rails, not just another crypto partnership.
• QNT climbed from about $50 to $374 within days, a roughly 7.5x move.
• Reported 24-hour trading volume topped $1.2 billion on September 28, 2026.
The network is expected to launch in the first half of 2027. Its planned infrastructure covers on-chain clearing and settlement, interoperability, transaction management, and connections to RTP and CHIPS, according to reports describing the deal.
• QNT climbed from about $50 to $374 within days, a roughly 7.5x move.
• Reported 24-hour trading volume topped $1.2 billion on September 28, 2026.
The network is expected to launch in the first half of 2027. Its planned infrastructure covers on-chain clearing and settlement, interoperability, transaction management, and connections to RTP and CHIPS, according to reports describing the deal.
Timeline3
6d
The Clearing House reportedly selected Quant for its tokenized bank-deposit network.
2d
CoinGecko reported that QNT was up 158.3% for the week and extending its rally.
1d
Reported 24-hour QNT trading volume exceeded $1.2 billion.
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1d