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Interactive Brokers Now Lets Retail Investors Fund Accounts With Stablecoins
Interactive Brokers will soon let retail investors fund brokerage accounts with stablecoins, according to details reported by Bloomberg. The feature will roll out gradually, starting with a segment of U.S. clients, and will allow users to move money into trading accounts directly from cryptocurrency wallets rather than traditional bank channels. A company spokesperson confirmed the rollout in an emailed statement. Chairman Thomas Peterffy first mentioned the new capability at a Goldman Sachs conference earlier this week. The update places the firm alongside competitors experimenting with on-chain payment rails as ... (full story)
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