Interactive Brokers enables 24/7 trading with USDC stablecoin funding

Interactive Brokers enables 24/7 trading with USDC stablecoin funding

Interactive Brokers Integrates 24/7 Stablecoin Trading Feature

The global brokerage firm partners with Zerohash to enable instant USDC funding and expanded crypto access.

Interactive Brokers integrated a new 24/7 trading feature on January 15, enabling users to expand their stablecoin holdings whenever needed. CEO Milan Galik argued that stablecoin funding gives international investors the speed and flexibility required in today's markets.

The Conversion Process

Users transfer USDC from personal wallets to a Zerohash wallet (Ethereum, Solana, or Base). Upon receipt, the digital asset is automatically converted to US dollars and added to the brokerage account with a fee as low as 0.30% ($1 minimum).

The firm plans to introduce more options soon, including RLUSD (Ripple) and PYUSD (PayPal). This move solidifies Interactive Brokers' position as a leader in the crypto industry, building on their late-2021 launch of crypto services in partnership with Paxos.

The smartest crypto minds already read our newsletter. Want in? Join them.

Keywords: News|Stablecoins