The Clearing House Selected Quant for Payment Network

The Clearing House tapped Quant to develop the foundational technology for a new tokenized-deposit payment network.

Updated on Sept. 24, 2026 in Quantum Computing

Isometric editorial illustration of a central hub connected to multiple vault-like modules, representing a secure financial payment network structure. — The Clearing House has partnered with technology firm Quant to develop a new payment network capable of processing tokenized-deposit transactions. AI Illustration. Upload story photo >

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Do you trust bank-backed digital deposit systems as much as traditional cash deposits?

The Clearing House has selected Quant to build the core technology for a network that will facilitate tokenized-deposit payments. This system is designed to provide essential interoperability and transaction-management capabilities.

Why it matters

The initiative aims to modernize banking by enabling digital processing of money while maintaining the stability and protections associated with traditional commercial bank deposits.

Quant will provide the interoperability, coordination, and transaction-management layers for the network. The system links tokenized deposits directly with established RTP and CHIPS payment infrastructure.

The players

The Clearing House

The Clearing House is a banking association and payments company that owns and operates the core U.S. payments infrastructure.

Quant

Quant is a technology firm that specializes in blockchain interoperability and digital finance infrastructure.

The details

The platform functions by connecting tokenized deposits with conventional payment channels without the need to convert funds into separate crypto assets. Quant previously gained experience in this space by supporting live customer transactions through its earlier GBTD initiative.

The new payment network is expected to open to financial institutions in the first half of 2027.

The Tech Race

The transition toward tokenized deposits represents a shift from legacy ledger systems toward interoperable digital infrastructure. By integrating with the RTP and CHIPS payment networks, this project positions banking institutions to compete with decentralized finance technologies.

For banking customers, this development promises faster and more efficient digital processing of funds while ensuring that deposits retain standard banking protections. Users will interact with their standard bank accounts, while the backend technology handles the digital tokenization and transfer process.

The takeaway

This partnership signifies a major step in integrating digital asset technology into the traditional, regulated banking system. Financial institutions should prepare for the operational shifts required to adopt tokenized-deposit processing by early 2027.