The Interactive Brokers platform adopts stablecoins for funding accounts in the United States
The Interactive Brokers platform has launched a new and innovative option for funding eligible individual customer accounts in the United States, which is the deposit of stablecoins.
• Acceptance of USDC for funding: Customers can now deposit the stablecoin USDC via the three networks of Ethereum, Solana, and Base.
• Instant and fast conversion: The deposited USDC is converted to US dollars (USD) instantly upon arrival in the account.
• Bypassing traditional banking systems:
This feature allows for a faster funding method compared to traditional bank transfers as it bypasses traditional banking rails.
• Strategic expansion: The initial launch is limited to specific eligible American retail clients and is a strategic step toward integrating digital assets into the platform's ecosystem, reflecting the increasing trend towards cryptocurrency assets.
