The Clearing House Taps Quant to Power Tokenized Deposits Network
PYMNTS reports that The Clearing House selected Quant to provide interoperability, orchestration and transaction-management technology for its planned On-Chain Money Initiative. The proposed network is intended to clear and settle tokenized deposits and connect to existing fiat systems. TCH said it expects availability for participating institutions in the first half of 2027; this is a planned network, not a live production rail.