Quant Snaps Up Role in UK’s Tokenised Sterling Project, Banks Back Move

TLDR: Quant will provide programmable money infrastructure for live tokenised sterling deposit transactions until mid-2026. The project will test payments, remortgaging, and wholesale bond settlement using tokenised commercial bank deposits. UK Finance leads the initiative with banks including Barclays, HSBC, Lloyds, NatWest, Nationwide, and Santander. Quant’s tech will connect RTGS, Faster Payments, Open Banking, and [...]

The post Quant Snaps Up Role in UK’s Tokenised Sterling Project, Banks Back Move appeared first on Blockonomi.