Why does Chainlink carry a market cap 3x higher than Quant when Quant already runs live token money for 7 UK banks and Chainlink hasn't named a single live bank for its new product?
#QNT#Quant
Before a bank writes a line of code, it faces one architectural decision: where the fiat sits that backs its tokens, and which ledger is authoritative for customer positions.
Our paper with @Capgemini sets out how to choose the right model, and how to take a programme from strategy to production.
Download it here: https://t.co/3F1dmHZcbp
#TokenisedDeposits
Every privacy model relies on trusting someone: the operator, the issuer or the cryptography. Who is it, and what can they see?
Our latest article compares the main approaches, with five questions to test any privacy claim.
Read it here: https://t.co/TBmG81iHNc
#TokenisedMoney #TokenisedDeposits #Payments
🏦HSBC ALREADY USING $QNT FOR THE CLEARING HOUSE RAILS?!
TCH x Quant = Orchestrate On-Chain Money Initiative
HSBC's in TCH OCMI & UK GBTD
Now HSBC has their own DLT orchestration layer
The Quant white-label ties are showing here👀
More specifically, HSBC's DLT Settlement Utility (HDSU) platform enables orchestration for smart contract routing into TCH's Real Time Payments (RTP).
In other words... Legacy to DLT Interoperability
The exact same mechanism Overledger delivers on.
Now this leaves another interesting point to think on...
If HSBC already has their own orchestration layer tying DLT with legacy...
Why would they even partner with Quant for orchestration of OCMI?
Given HSBC is a member bank of TCH, it woulda made sense for them to just use HSBC's in-house solution.
And this is where things get interesting...
HSBC's Orion was used in UK GBTD, which Quant interoperated with the overall ecosystem across multiple shared banking participants.
So we already know HSBC x Overledger connection points are established in the infrastructure.
And now HSBC comes out with their own orchestration layer to connect smart contract payments to RTP.
That's essentially what Overledger has partnered with TCH to do in their tokenized deposit initiative.
And the cherry on top?
HSBC's HDSU utilizes REST APIs with an API layer for orchestration and bridging.
Exactly as Quant had standardized in SATP.
––––
Now put the pieces together.
HSBC participating in UK GBTD & US OCMI
HSBC Orion interoperability thru Quant in GBTD
HSBC now launching their own orchestration layer
Clearing House using Quant's orchestration instead of HSBC's HDSU...
All signs pointing towards a Quant white label👀
🇩🇪 NEW RESEARCH: Three researchers from Germany's central bank, Deutsche Bundesbank, cite Quant Network's (QNT) work on offline CBDC payments.
Published October 21, 2026, the paper examines security, privacy, and double-spending challenges in offline CBDCs.
🏦DTCC & The Clearing House are working together
There's concerns in DTCC Tokenization w fragmentation from the cash leg
Now TCH's OCMI comes in powered by $QNT
Citi's report directly highlight the working relation here.
DTCC = Asset Leg
TCH = Cash Leg
Given the DTCC clears over $1 Quadrllion in assets per year & TCH settles $2T in payments per day...
There's really no better pair than these two to sync the future of programmable money & assets.
If it wasn't clear as day before...
The documented evidence by Citi makes it clear
昨晚,我的律师向法院提出动议,请求制裁世界自由金融(World Liberty Financial) @worldlibertyfi。理由是:它在我起诉它好几个月之后,才披露自己是阿联酋 🇦🇪 公民。
先给刚关注这场纠纷的朋友介绍一下:我是 World Liberty 最早、也是最大的投资人之一。2024 年 11 月,我和 World Liberty 签了代币购买协议,同意购买 3,000 万美元的WLFI代币,后来又把总投资增加到 4,500 万美元。
今年 4 月,我起诉了 World Liberty,指控这家公司用欺诈手段诱使我投资,之后又非法冻结了我的代币。
根据我的代币购买协议,我有权选择在加州的联邦法院或州法院提起诉讼。
我选了联邦法院。
像我这样的案子,只有在双方来自不同地方时,联邦法院才能审理。像我这样的外国原告,可以在联邦法院起诉美国被告,但一般不能在那里起诉外国被告。在这个问题上,像 World Liberty 这样的公司,会被视为拥有它每一个所有者的公民身份。所以只要有一个所有者是外国人,这家公司就算外国公司。
换句话说,只要 World Liberty 和它的所有者全都是美国人,我的案子就可以由联邦法院审理。
按照联邦法院的规则,World Liberty 必须在案件一开始就提交一份披露声明,列明它的每一个所有者,以及他们各自是哪里的公民。World Liberty 的披露声明只列了一个实体,就是 World Liberty 自己,公民身份只写了佛罗里达州。它的律师还签字证明,不知道还有其他需要披露的人。
随后,World Liberty 申请强制仲裁,想把我的案子从公开法庭转到秘密的仲裁程序中。
我反对这项申请。我的律师为此花了好几个月、几十万美元。在 8 月的一次听证会上,法院表示,它并不认为我的诉求都应该交付仲裁。法院裁定,我的部分诉求留在公开法庭审理,部分交付仲裁,并命令双方协商,拟定一份协议,划分哪些诉求留在法庭、哪些交付仲裁。
不到一周,World Liberty 突然"更正"了它的披露声明。之前它的所有权链条上只列了一个成员,现在列了 22 个,公民身份也变成了佛罗里达州、特拉华州、波多黎各和阿联酋。
World Liberty 现在说,联邦法院对我的案子没有管辖权,因为它有阿联酋公民身份,这样原告和被告双方就都有外国当事人。
这其中的讽刺显而易见。World Liberty 的"金皮书"宣称:"World Liberty Financial 在设计上就不是在离岸注册的",是"一家美国的、纳税的公司,致力于把 DeFi 带回它真正的家:美国"。它承诺打造一个"总部在美国的去中心化平台",建立在"自由、隐私和交易自由的美国理念"之上,把不经中介的私人交易称为"美国的核心价值",还夸口说:"World Liberty Financial 不回避美国,而是拥抱美国,让它成为未来的全球加密之都。"
卖代币的时候,World Liberty 是骄傲的美国公司 🇺🇸。直到它需要想办法逃离美国联邦法庭的时候,才"发现"了自己的阿联酋 🇦🇪 血统。
World Liberty 想必一直都知道自己的所有者是谁。它的律师却声称,他们是在提交最初的披露声明之后,才得知公司有阿联酋公民身份。
正如我的动议所说,如果这是真的,那么要么是 World Liberty 的律师没有尽到应有的核查义务,要么是 World Liberty 没有对自己的律师说实话。我们问他们这是怎么回事,World Liberty 拒绝回答。
代币持有人有权知道,他们投资的项目对公众、对法院说的是不是真话。我提出这项动议,是要追究 World Liberty 及其律师的责任,因为我认为他们向法院提交了误导性的披露声明。我也要确保 World Liberty 耍手段的代价由他们自己承担,而不是由我承担。
联邦法院对这项制裁动议作出裁决后,我会在加州州法院重新起诉 World Liberty。
我会继续为这个社区应得的透明度而战。
When cash and asset legs settle separately, the gap creates settlement risk, funding costs and reconciliation work.
Our paper with Murex shows how programmable #settlement synchronises both legs within MX.3 and Quant’s orchestration layer.
Download it here: https://t.co/We0Jbjm8mC
#Tokenisation #CapitalMarkets #DigitalAssets
Our CEO @gverdian joined Sal Karakaplan, Chief Strategy Officer at @TCHtweets, live at Sibos Miami for the Payments Nerds® podcast.
They discuss The Clearing House's On-Chain Money initiative, a new interoperable network for clearing and settling tokenised deposits between banks, and what Quant is building as its technology partner.
Listen to the full episode: https://t.co/JoIJw1LV7V
#ProgrammableMoney #Payments
Many #crossborderpayments still move at the speed of the slowest correspondent. The customer waits, the treasury carries the uncertainty, and the balance sheet absorbs the cost.
Programmable cross-border payments close that gap without leaving the regulated rail. They use #tokeniseddeposits, which remain a claim on a regulated bank throughout, and that sets them apart from #stablecoins.
Our latest article covers how they work, who carries the risk between credit and settlement, the ledger and FX choices banks face, and a staged path to building the use case: https://t.co/vo8jbpp78O
#ProgrammablePayments
Crunching Numbers Behind The Clearing House
Target: On-Chain Money Initiative
Solution: $QNT Overledger
TCH: $2T Settled/Day
Involved Bank Deposits:
J.P. Morgan: $2.78T
Bank of America: $2.04T
HSBC: $1.84T
Citi: $1.51T
Wells Fargo: $1.5T
Santander: $1.29T
TD: $899B
BMO: $726B
US Bank: $532B
PNC: $466B
Truist: $413B
BNY: $335B
Fifth Third: $239B
Huntington: $225B
Citizens: $185B
Keybank: $154B
Regions: $130B
COMBINED TOTAL DEPOSITS: $15.3T
Remember, TCH's On-Chain Money Initiative is towards TOKENIZED BANK DEPOSITS
Exactly the metric being tracked here
Can we expect 100% of these deposits to come on-chain once the platforms built?
Obviously not, it'll be progressive.
But looking at the serviceable market gives us a good insight on what they're building towards.
Barclays, HSBC UK and Lloyds are among the UK banks planning three digital bonds in Q1 2027 that can be traded and settled with tokenised sterling deposits.
Those deposits run on GBTD, the platform Quant built.
@quantnetwork
What will it take to connect #tokeniseddeposit networks across borders?
At @UKFtweets's Tokenised Markets and Money Conference, Martin Hargreaves joined Lloyds Banking Group, DeCurret DCP and DZ Bank to discuss how projects in the UK, Germany and Japan are taking shape, and why #interoperability will take a network of networks.
Discover the five takeaways from the panel: https://t.co/YNTHAnpaC6
#DigitalMoney
Project Agorá is one of the BIS's most ambitious projects ethereum:0x4a220e6096b25eadb88358cb44068a3248254675
And is set to advance to real-value testing.
Eight central banks and 40+ institutions are testing tokenised money across borders as one system.
A unified ledger holds tokenised bank deposits
While central bank reserves stay on separate ledgers by jurisdiction.
Quant designed Fusion on the same principle
A shared layer connecting existing networks without replacing them.
See the full explanation below 👀 👇
Insane work @DutchAlchemist