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Interactive Brokers to Support Stablecoin Deposits

Source
Uk Jin

Summary

  • Interactive Brokers said it will begin supporting deposits of stablecoins for some U.S. customers.
  • Investors will be able to fund their brokerage accounts directly from crypto wallets.
  • The move has attracted attention because it allows funds to be deposited without going through a bank account.

U.S. online brokerage Interactive Brokers will begin supporting deposits of stablecoins (virtual assets pegged to fiat currency).

On the 12th (Korea time), according to Bloomberg, Interactive Brokers said it will gradually roll out the ability for certain eligible U.S. customers to deposit stablecoins into individual brokerage accounts.

Under this measure, investors will be able to fund their accounts directly from virtual asset (cryptocurrency) wallets without going through a bank account.

The plan was first disclosed by Thomas Peterffy, chairman of Interactive Brokers, at the Goldman Sachs Financial Services Conference.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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