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
I just found that Quant Network has it Overledger technology patented not only in the US and Europe, but also Japan and China.
Wow. Just wow. 🔥 ethereum:0x4a220e6096b25eadb88358cb44068a3248254675
Links in comments.
$QNT
These CBDC’s are built/in development utilising Quant’s technology, Overledger
🇺🇸 Digital US Dollar 💵
🇬🇧 Digital Pound 💷
🇪🇺 Digital Euro 💶
🇦🇺 Digital AUS Dollar 💵
🇯🇵 Digital Yen 💴
🗺️ Latin American dollar 💵
Not confirmed 👀 yet…
How much value will be flowing through Quant once everything is live? ⬇️
Hundreds of trillions…
While all eyes are on the US and UK financial rails, $QNT is quietly wiring the orchestration layer for Japan’s massive banking system.
Through Dentsu Soken, tokenised deposits and programmable settlement link directly to BOJ-NET.
The silent third giant. 🇯🇵
I think $QNT multi-ledger token (MLT) is at the centre of this initiave from Japan🇯🇵
And its the absolute jackpot, bigger dan SIA Spunta🎰:
✅4 MEGA banks
✅local governments
✅In total >80 Japanese organizations from all industries and growing📈
🧵👇🏻
1/10
The UK's first digitally native government bond just moved closer to market.
@hmtreasury has appointed six Joint Lead Managers for #DIGIT, the Digital Gilt Instrument pilot, with issuance expected by Q1 2027. It will test #DLT across the issuance and lifecycle of a gilt, with on-chain settlement in the Digital Securities Sandbox.
A #digitalbond is only half the picture. For digital markets to work at scale, the securities leg and the cash leg need to settle together, often across different ledgers and systems.
Quant's infrastructure connects #tokeniseddeposits, #tokenisedassets and existing RTGS and payment systems, so that #settlement is synchronised across them.
Read the full announcement: https://t.co/Bdj6jb6GFl
I am pretty sure Gilbert just threw away the keys of the ICO. No need to bother making sure the code is water tight if you can just throw away the entire account. He also burned the excess tokens by sending it to the contract address which is unconventional but safer.
$QNT
People keep saying $QNT isn't needed because banks can just pay Quant in dollars.
Most arguments mix up three questions.
Does the software need the token to run?
Does using the product create demand you can't avoid?
Does Quant's commercial success reach holders?
FYI: Lloyds, together with Barclays, HSBC, Monzo, Nationwide, NatWest and Santander form UK’s tokenized deposit project (GBTD) which is powered by… Quant. And the first transactions have been completed. $QNT #DYOR
Quant just published a 25-page institutional blueprint.
The paper comes as tokenized commercial bank money moves from pilot programs into live infrastructure across the UK, U.S., Canada and Europe.
Quant highlights four major initiatives:
• Great British Tokenised Deposit in the UK, where 7 banks have completed live customer transactions on shared infrastructure built by Quant
• The Clearing House’s On-Chain Money Initiative in the U.S., with Quant selected for interoperability, orchestration and transaction management and launch to participating institutions targeted for H1 2027
• A joint tokenized deposit initiative involving Canada’s 6 largest banks
• Germany’s Commercial Bank Money Token initiative, now in pilot.
The central argument is that putting deposits on a ledger is only the beginning.
A ledger can record that money moved.
It does not inherently tell a bank:
• Why it moved
• Which obligation it satisfied
• Who authorized it
• What conditions had to be met
• What external systems it depended on
• When the obligation was actually complete
• What happens if part of the transaction fails
Quant calls this concept ‘economic intent.’
The paper separates institutional infrastructure into six responsibilities:
• Economic intent
• Institutional control
• Programmability
• Orchestration
• Money and posting model
• Execution and settlement
The first four sit above the ledger.
The final two relate to the underlying money and settlement infrastructure.
One example in the paper makes the distinction:
A customer asks a bank to pay a supplier £5 million after delivery is confirmed, with two approvals before a deadline.
To the customer, that is one obligation.
The infrastructure can generate 6 separate ledger entries, including a reservation, release, transfer, fee and status events.
The point:
Ledger activity measures the plumbing.
The bank still has to preserve the economic meaning of the transaction.
The paper also rejects the idea that one network will replace the existing financial system.
Instead, Quant describes a future where:
• Swift
• RTGS systems
• Domestic payment networks
• Tokenized deposit networks
• Asset platforms
• Public and private ledgers
all coexist.
A connection to one does not automatically provide access, settlement eligibility or common legal treatment across the others.
That makes orchestration a major part of the problem.
A single financial instruction may need to cross multiple networks with different operating hours, settlement models and points of finality.
Capital markets are where this becomes especially important.
Quant says tokenized assets have advanced faster than the cash used to settle them.
A bond can move on a ledger in seconds while the corresponding cash leg still settles through conventional infrastructure.
The proposed model is programmable delivery-versus-payment (DvP):
• Asset eligibility checked
• Cash availability confirmed
• Authority verified
• Both legs reserved
• Both execute together, or neither proceeds
The same framework extends to FX payment-versus-payment, repo and collateral.
Quant and Murex are already demonstrating this architecture.
At Sibos, the companies showed a USD repo against a tokenized U.S. Treasury, with the cash leg in tokenized deposits and the transaction operated through Murex MX.3.
One scenario completed through next-day recall.
Another was deliberately rejected mid-execution and rolled back with no change to the ledger, account or inventory state.
Finality remained with the designated settlement rail.
The UK project is also moving into capital markets.
Participating banks plan to issue 3 digital bonds in Q1 2027, traded and settled using tokenized deposits.
The bigger signal in Quant’s paper is that institutional tokenization is moving beyond the question of:
“Which blockchain will financial institutions use?”
The harder question is becoming:
How do banks coordinate money, securities, approvals, compliance and settlement across multiple systems without losing control of the transaction?
Quant’s thesis is that the ledger is only one layer.
The increasingly important infrastructure may be the stack sitting above it.
@FusionLayer25 | @quantnetwork | @gverdian
ethereum:0x4a220e6096b25eadb88358cb44068a3248254675
💤Wondering why the world's started waking up to $QNT lately?
Here you go
✅UK GBTD first live transaction
✅Clearing House partnership
✅Oracle x SWIFT integration
✅Capegemini collab at SIBOS
ALL of this has come in less than 7 days
All it took was a little patience
Oracle just announced a partnership with SWIFT to help banks connect their tokenized deposits to SWIFT’s ledger.
Oracle is a partner of Quant (ethereum:0x4a220e6096b25eadb88358cb44068a3248254675) for years and many banks are partners of Quant too, through ie The Clearing House and the Great British Tokenised Deposit project. 1/
👀👀👀
The managing director and head of product of the DTCC is talking about ethereum:0x4a220e6096b25eadb88358cb44068a3248254675
Matter of time till $QNT is part of their tech stack
THE CLEARING HOUSE SELECTS QUANT $QNT TO POWER A NEW US NETWORK FOR CLEARING AND SETTLING TOKENIZED BANK DEPOSITS, CONNECTING ONCHAIN PAYMENTS WITH RTP AND CHIPS