【The Clearing House selects Quant to empower bank networks, QNT jumps 4x in a week】
Quant (QNT) has achieved nearly a 4x rally over the past week. The key drivers include The Clearing House (TCH) announcing its selection of Quant to provide interoperability, orchestration, and transaction management layer services for its On-Chain Money Initiative. This infrastructure is intended to connect to RTP and CHIPS, serving U.S. bank payment networks with a daily settlement volume exceeding $2 trillion. It is planned to open to participating institutions in the first half of 2027. Meanwhile, several UK banks have already completed their first real tokenized GBP deposit transactions on the GBTD infrastructure where Quant is involved. On-chain data shows that between September 16 and 23, QNT active addresses remained above 870; on the day the news broke on the 24th, they surged to 2,064. On September 27, QNT spot and derivatives trading volumes expanded to the range of $1–$2 billion. Early on the 28th, Binance’s QNT/USDT price was $262.85, with a roughly 49.6% gain over 24 hours. The current circulating market cap is about $3.2 billion. The fixed supply is approximately 14.6 million coins, with nearly all circulating. From a low of $70 to a high of $370, the narrative has shifted from a “forgotten old project” to a core position in banking infrastructure. However, before the network opens in 2027, the specific capture mechanisms in the public market—such as licensing fees or staking—have not yet formed sustained buy-side validation. Future watch items include whether the settlement demos with Murex at Sibos bring a new customer list, when staking or nodes will create quantifiable lockups, and whether the $240–$200 range can absorb sell pressure.
$QNT
Quant (QNT) has achieved nearly a 4x rally over the past week. The key drivers include The Clearing House (TCH) announcing its selection of Quant to provide interoperability, orchestration, and transaction management layer services for its On-Chain Money Initiative. This infrastructure is intended to connect to RTP and CHIPS, serving U.S. bank payment networks with a daily settlement volume exceeding $2 trillion. It is planned to open to participating institutions in the first half of 2027. Meanwhile, several UK banks have already completed their first real tokenized GBP deposit transactions on the GBTD infrastructure where Quant is involved. On-chain data shows that between September 16 and 23, QNT active addresses remained above 870; on the day the news broke on the 24th, they surged to 2,064. On September 27, QNT spot and derivatives trading volumes expanded to the range of $1–$2 billion. Early on the 28th, Binance’s QNT/USDT price was $262.85, with a roughly 49.6% gain over 24 hours. The current circulating market cap is about $3.2 billion. The fixed supply is approximately 14.6 million coins, with nearly all circulating. From a low of $70 to a high of $370, the narrative has shifted from a “forgotten old project” to a core position in banking infrastructure. However, before the network opens in 2027, the specific capture mechanisms in the public market—such as licensing fees or staking—have not yet formed sustained buy-side validation. Future watch items include whether the settlement demos with Murex at Sibos bring a new customer list, when staking or nodes will create quantifiable lockups, and whether the $240–$200 range can absorb sell pressure.
$QNT