Can Quant (QNT) Become the Backbone of CBDCs or Is It Just More Hype?
John: Hey there, folks! I’m John, a veteran writer for Blockchain Bulletin, where I break down the wild world of Web3, crypto, and blockchain in simple terms that won’t make your head spin. Today, we’re diving into Quant Network’s QNT token and its Overledger system—could this be the tech that ties together central bank digital currencies (CBDCs), or is it all buzz? We’ll explore the basics, history, current roles, and what’s next, all backed by solid sources. For readers who want a full step-by-step guide, you can also check this exchange guide.
Lila: Hi everyone, I’m Lila, John’s curious assistant who’s always asking the questions you might have as a beginner. John, what’s all this hype about Quant and CBDCs? Is it like digital money from banks, and how does QNT fit in?
What is Quant (QNT) and Overledger?
John: Great question to start, Lila. Quant Network’s QNT is a cryptocurrency token that powers Overledger, which is essentially a blockchain operating system. Think of it as a universal translator that lets different blockchains talk to each other seamlessly—kind of like how apps on your phone connect through the internet without you noticing the backend magic.
Lila: A universal translator? That sounds sci-fi! So, Overledger isn’t a blockchain itself, but a layer on top?
John: Exactly! Overledger, launched by Quant Network in 2018, acts as an interoperability platform. It doesn’t create its own chain but connects existing ones, making it easier for businesses and institutions to use multiple blockchains. As of now, in 2025, QNT is used for licensing and fees within this ecosystem, with a fixed supply of about 14.6 million tokens to keep things scarce and valuable.
Historical Background and Key Milestones
John: In the past, Quant started back on 2018-06-25 when the network went live, founded by Gilbert Verdian, a cybersecurity expert. A big milestone was their involvement in Project Rosalind with the Bank of England and BIS in 2023, testing CBDC prototypes. That laid the groundwork for bigger things.
Lila: Project Rosalind? What’s that, and how does it connect to CBDCs?
John: Good catch—Project Rosalind, completed around mid-2023, was a collaboration to explore programmable features for a digital pound. It showed how Overledger could link CBDCs with private blockchains. Fast-forward to 2022-02-03, when QNT surged 35% amid early CBDC interest from countries like China and Nigeria, highlighting Quant’s potential early on.
Current Role in CBDCs
John: As of now, in 2025, Quant is deeply involved in CBDC projects. For instance, on 2025-05-27, Quant partnered with the European Central Bank for the Digital Euro project, providing tech for programmable payments. This positions Overledger as a bridge for secure, cross-chain transactions in central bank systems.
Lila: Programmable payments? Like money that follows rules automatically?
John: Spot on! It means digital currency can be coded to do things like automatic refunds or conditional transfers. Another current highlight is Quant’s role in the UK’s tokenised sterling project, announced just a day ago on 2025-09-26, where they’ll handle infrastructure for live tokenised deposit transactions until mid-2026. This is backed by major banks and shows real-world adoption.
Latest Updates in 2025
John: Looking at 2025 specifically, Quant has seen exciting developments. On 2025-08-26, QNT’s price climbed 1.4% to over $104, fueled by Fusion Devnet updates and upcoming Sibos 2025 exposure. Plus, price predictions from sources like AMBCrypto suggest QNT could hit an average of $151 by September 2025’s end.
Lila: Fusion Devnet? That sounds technical—break it down for me?
John: No worries—Fusion Devnet is Quant’s test network for new features, like enhanced staking and interoperability upgrades, rolled out in mid-2025. Another update: As per Disruption Banking on 2025-01-27, Quant’s collaborations, including with the Bank of England on RLN (Regulated Liability Network), are strengthening its position in institutional finance. (And hey, if staking talk gets you excited, remember it’s all about network participation, not a get-rich-quick scheme!)
Potential Use Cases
John: Beyond CBDCs, Overledger has broad applications. It’s being used for multi-chain DeFi, supply chain tracking, and even healthcare data sharing. For example, in CBDCs, it could link a digital euro with a digital pound for seamless international transfers.
Lila: DeFi? That’s decentralized finance, right? Any concrete examples?
John: Yes, DeFi is finance without middlemen. Here’s a quick list of use cases:
- Cross-border payments: Connecting CBDCs from different countries for faster, cheaper transactions.
- Tokenised assets: Turning real-world items like bonds into digital tokens on multiple chains.
- Enterprise integration: Helping banks like those in the UK’s project manage tokenised sterling deposits.
- Programmable money: Automating compliance in financial services, as tested in Project Rosalind.
These are verified from official sources and show why Quant isn’t just hype.
Risks and Considerations
John: Of course, no tech is without risks. Regulatory changes could impact CBDC adoption—remember, CBDCs are government-controlled, so shifts in policy, like those seen in the EU’s digital euro trials starting 2023, matter. Also, while Overledger is secure, general blockchain risks like hacks persist.
Lila: Hacks? That sounds scary—what safeguards are there?
John: True, but Quant emphasizes enterprise-grade security, with features like API gateways for safe connections. As of 2025, no major breaches reported, per CoinMarketCap updates. Always research thoroughly; for instance, diversify if you’re holding QNT, and stay updated via trusted sites like CoinDesk.
Looking Ahead
John: Looking ahead, by late 2025, Overledger updates could solidify Quant’s role in more CBDC pilots. Predictions from sources like StealthEX forecast QNT reaching $890 by 2030, driven by adoption. But remember, this is based on trends, not guarantees—exciting times if interoperability becomes standard!
Lila: So, could QNT really become the backbone?
John: It’s possible, given partnerships like the ECB one on 2025-05-27. We’ll watch for Sibos 2025 in October for more announcements.
John: Wrapping up, Quant’s Overledger is proving its worth in connecting the blockchain world, especially with CBDCs gaining traction globally. It’s a solid example of how crypto can bridge traditional finance without the chaos. Stay curious, folks, and dive deeper into reliable sources. And if you’d like even more exchange tips, have a look at this global guide.
Lila: Thanks, John—that makes CBDCs and QNT way less intimidating! Key takeaway: It’s about real connections in digital money, so keep an eye on those updates.
This article was created using the original article below and verified real-time sources:
- Can Quant (QNT) Become the Backbone of CBDCs or Is It Just More Hype?
- How Strong Will Quant (QNT) be in 2025? | Disruption Banking
- Quant Snaps Up Role in UK’s Tokenised Sterling Project, Banks Back Move
- Quant Crypto Soars As Network Partners With European Central Bank On Digital Euro Project
- Quant Price Prediction: 2025, 2030, 2040