Interactive Brokers to Offer Stablecoin on Brokerage Accounts
By Katherine Hamilton
Interactive Brokers is now allowing its clients to fund their brokerage accounts using stablecoin.
The brokerage platform said Thursday that the new capability provides near-instant processing and 24/7 availability.
The stablecoin offering will also allow global clients to fund accounts outside their local business hours and trade immediately, with lower costs than wire transfers.
Stablecoin is a digital asset backed 1:1 by the U.S. dollar. Once received, stablecoin is automatically converted into U.S. dollars and credited to a client's brokerage account.
Interactive Brokers said it plans to add support for Ripple Coin and PayPal's coin next week.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
January 15, 2026 18:58 ET (23:58 GMT)
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