Quant has introduced QuantNet, a blockchain infrastructure aimed at integrating traditional banking systems with tokenized money and digital assets. This platform enables financial institutions to incorporate tokenized deposits, stablecoins, and commercial funds without overhauling existing systems. QuantNet facilitates interoperability between private trading platforms, public blockchains, and traditional settlement systems. The launch aligns with Quant's role in the UK's Tokenised Sterling Deposits project, boosting QNT token prices by 7% to over $103.
Quant Launches QuantNet to Bridge Traditional Banking and Tokenized Money
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