Interactive Brokers | Crypto

Electronic brokerage giant Interactive Brokers says its clients can deposit USDC, which will automatically convert to US dollars to fund their accounts. Electronic brokerage giant Interactive Brokers has expanded its crypto services, allowing clients to fund their brokerage accounts using stablecoins that are automatically converted into US dollars. The firm said on Thursday that it has partnered with crypto infrastructure provider zerohash to enable 24/7 account funding with USDC (USDC) across the Ethereum, Solana and Base blockchains, removing reliance on traditional fiat wire transfers and banking hours. Interactive Brokers said stablecoin deposits are converted into US dollars on receipt and credited directly to client accounts. The company added that support for Ripple USD (RLUSD) and PayPal USD (PYUSD) is expected to launch next week. Read more

Interactive Brokers joins a number of traditional finance institutions who are considering entering the stablecoin space, including JPMorgan Chase and Citigroup. Trading company Interactive Brokers is planning to expand its crypto footprint with services that could include a proprietary stablecoin. The move, reported by Reuters on Monday, would allow traders to fund brokerage accounts using the company's fiat-pegged cryptocurrency. Interactive is also exploring adding support for asset transfers for commonly traded cryptocurrencies. Interactive Brokers is a brokerage firm that provides trading and investment services across global markets. The company recently reported over 3.8 million active accounts at the end of the second quarter of 2025, a 32% increase from a year ago. It has more than $664 billion in assets under management. Read more

Interactive Brokers is considering launching a stablecoin for customers, a move that would add one of the world’s largest discount brokerages to the list of firms using crypto, Reuters reported on July 28. Founder Thomas Peterffy said in an interview with the newswire that the company is “working on potentially issuing stablecoins.” However, a final […] The post Interactive Brokers weighs launching customer stablecoin to power 24/7 funding appeared first on CryptoSlate.