BTC $83,464.00 ▼ 1.95% ETH $2,683.98 ▼ 1.33% BNB $766.33 ▼ 0.98% XRP $1.48 ▼ 3.57% SOL $116.97 ▼ 4.23% TRX $0.3328 ▼ 2.09% FIGR_HELOC $1.03 ▼ 0.27% ZEC $1,386.14 ▼ 6.50% HYPE $88.77 ▲ 1.85% DOGE $0.0940 ▼ 3.42% LINK $14.25 ▼ 2.71% XMR $538.08 ▼ 1.42% WBT $83.39 ▼ 1.79% ADA $0.2451 ▼ 3.71%
74 Greed

Quant Powers Tokenized Deposits for UK Banks and Clearing House

Original title: Is Quant XRP's Enemy? Tokenized Deposits, DvP & the Real Map of Bank Money, Explained

Mirai Money Lab 9:43 1 views on YouTube QNT −9.5% XRP −3.6% LINK −2.7%
Thumbnail for Is Quant XRP's Enemy? Tokenized Deposits, DvP & the Real Map of Bank Money, Explained 9:43

Watch on YouTube Opens on youtube.com in a new tab. Playback here uses youtube-nocookie.com.

Summary

Quant Network saw its token QNT rise about 60% in a week after two announcements on September 24, 2026. In the United Kingdom, seven banks – Barclays, HSBC UK, Lloyds, Monzo, Nationwide, NatWest and Santander – completed their first live customer transactions using tokenised sterling deposits (GBTD). The transactions involved two mortgage refinancings and one person‑to‑person marketplace sale. Money is locked and then released automatically once predefined conditions are met. The platform was built by Quant together with EY and Linklaters. EY estimates that settling digital bonds, tokenised deposits and interbank money together could add roughly £4 billion a year to the UK economy. On the same day, The Clearing House in the United States chose Quant as the interoperability, orchestration and transaction‑management layer for its On‑Chain Money Initiative. The initiative will connect to RTP and CHIPS, is planned for the first half of 2027, and will offer tokenised deposits as a service. Quant’s product suite includes Overledger, Quant Flow, PayScript, QuantNet, TDaaS and Fusion. Rivals such as Swift, Chainlink and Canton are also developing similar capabilities. The video explains why moving assets "at once" matters and separates the narrative of Quant’s technology from the price movement of QNT.

This AI summary uses the title, description and tags. It may miss context from the full video. How summaries are checked

Key points

  1. Seven UK banks completed live tokenised sterling deposit transactions on September 24, 2026
  2. The transactions used a lock‑and‑release mechanism that triggers automatically when conditions are met
  3. EY projects the combined settlement of digital bonds, tokenised deposits and interbank money could benefit the UK economy by about £4 billion a year
  4. The Clearing House selected Quant for its On‑Chain Money Initiative, targeting the first half of 2027
  5. Quant offers four product groups: Overledger, Quant Flow & PayScript, QuantNet & TDaaS, and Fusion

Chapters

Chapters come from the timestamps in the video description.

Questions

What is a tokenised deposit according to the source?
A tokenised deposit locks money and releases it automatically once predefined conditions are satisfied.
When is The Clearing House’s On‑Chain Money Initiative expected to launch?
It is planned for the first half of 2027.

Related briefs

A video appearing here is not an endorsement. Crypto assets can lose value. This page provides information, not investment advice.