Quant To Support The Clearing House’s Tokenized-Deposit Network
The network will connect with RTP and CHIPS and is expected to open to participating institutions in the first half of 2027.
Quant will provide the technology layer for The Clearing House’s tokenized-deposit clearing network, linking blockchain-based transactions with major U.S. payment infrastructure and expanding institutional settlement capabilities.
The technology firm will handle interoperability, orchestration and transaction management for The Clearing House’s on-chain money program. The network will connect with the Real-Time Payments (RTP) network and CHIPS.
Financial institutions will be able to use the network to clear and settle tokenized deposits. It is designed to support immediate settlement and transactions that execute automatically when predefined conditions are met.
The Clearing House operates U.S. payment networks that process more than $2 trillion in clearing and settlement transactions each day.
The network is expected to become available to participating institutions in the first half of 2027.
