Interactive Brokers is weighing the launch of a proprietary stablecoin that would enable clients to fund their brokerage accounts instantly, regardless of banking hours.
The move could mark a major shift in the firm’s digital finance strategy.
Chairman Thomas Peterffy revealed that the firm is evaluating stablecoin options to simplify around-the-clock crypto transactions. The idea aligns with broader industry trends and regulatory developments, especially as the GENIUS Act, recently signed by President Trump, opens the door for more compliant blockchain activity.
While Interactive Brokers already supports crypto trading via partnerships with Paxos and Zero Hash, the addition of a native stablecoin would put it in direct competition with firms like Robinhood, which recently rolled out its own USD-pegged token.
Peterffy noted that even if Interactive Brokers doesn’t issue its own coin, it may still allow clients to use credible third-party stablecoins for account funding. Though skeptical of crypto’s long-term value, he acknowledged its growing utility in financial infrastructure.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/interactive-brokers-considers-launching-its-own-stablecoin-amid-u-s-crypto-shakeup/