Quant Wants Banks to Turn Idle Cash Into Working Capital With Just Five Lines of Code!
@quantnetwork ($QNT ) is making the case for a smarter approach to banking: instead of treating payments as a cost, banks should turn them into revenue-generating products.
In its latest article, Quant highlights how its PayScript language can automate investment decisions with just a few lines of code.
One example is an automatic investment sweep:
When market yields cross a predefined threshold, 10% of a customer's balance can automatically move into a money market fund, putting otherwise idle cash to work.
But there's a bigger piece to this vision: interoperability between banks.
For automated money movement to work at scale, funds need to move seamlessly across financial institutions.
That's where Quant's collaboration with @TCHtweets comes in. The Clearing House selected Quant to provide the platform for clearing tokenized deposits between banks.
The bigger picture is clear: Quant wants to help transform traditional banking payments into programmable, interconnected financial services.
A few lines of code could change how banks move, manage, and generate value from money.
$QNT
@quantnetwork ($QNT ) is making the case for a smarter approach to banking: instead of treating payments as a cost, banks should turn them into revenue-generating products.
In its latest article, Quant highlights how its PayScript language can automate investment decisions with just a few lines of code.
One example is an automatic investment sweep:
When market yields cross a predefined threshold, 10% of a customer's balance can automatically move into a money market fund, putting otherwise idle cash to work.
But there's a bigger piece to this vision: interoperability between banks.
For automated money movement to work at scale, funds need to move seamlessly across financial institutions.
That's where Quant's collaboration with @TCHtweets comes in. The Clearing House selected Quant to provide the platform for clearing tokenized deposits between banks.
The bigger picture is clear: Quant wants to help transform traditional banking payments into programmable, interconnected financial services.
A few lines of code could change how banks move, manage, and generate value from money.
$QNT
