Quant (QNT) surged 75% in the past 24 hours to reach above $180, posting a 185% weekly gain. This bullish move was driven by the announcement of a partnership between Quant and The Clearing House, which selected the project to power its On-Chain Money Initiative. This network will allow financial institutions to clear and settle tokenized deposits while connecting with existing payment infrastructure, including the RTP and CHIPS networks. The Clearing House processes over $2 trillion daily through its US payment networks. The launch to participating institutions is planned for the first half of 2027.
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