Quant Price Surges Over 300% on Clearing House Partnership
Quant's (QNT) price surged over 300% this week after The Clearing House, which settles over $2 trillion a day for 25 major US banks, selected Quant to power its tokenized deposit network.
The partnership will link tokenized bank deposits with existing payment rails and is expected to launch in the first half of 2027. This news comes on top of other banking partnerships, including those with UK banks such as Barclays, HSBC UK, Lloyds, and Santander, which completed live transactions using Quant's infrastructure.
The rally has seen QNT's trading volume top $1 billion in 24 hours, with $17.2 million in short positions liquidated. The token faces resistance near $300, but a close above this zone could open the door to Quant's former all-time high of $428.