Interactive Brokers Plans Stablecoin to Revolutionize $110B Accounts

Paul

- Interactive Brokers considering stablecoin for instant account funding and digital asset transfers.
- Existing crypto partnerships and initiatives signal growing commitment to blockchain.
On July 28, 2025, Reuters reported that the $110 billion financial firm Interactive Brokers Group is exploring the launch of its own stablecoin. The company aims to use this stablecoin to provide seamless, instant funding for brokerage accounts while also simplifying digital asset transfers for its users.
The firm is evaluating several pathways for its stablecoin venture. One option involves allowing customers to fund accounts with stablecoins from reputable issuers that meet specific criteria. Interactive Brokers already partners with Paxos for cryptocurrency trading and holds an equity interest in Zero Hash, a crypto infrastructure provider. These collaborations highlight the company's increasing integration of digital currencies into its services.
In tandem with its stablecoin exploration, Interactive Brokers launched the prediction market platform ForecastEx last year as part of its broader innovation strategy. These advancements reflect the firm's strategic investment in blockchain-based solutions in response to potential fluctuations in traditional financial markets.
While Interactive Brokers continues to push forward in the digital currency space, the firm’s founder, Thomas Peterffy, remains cautious about cryptocurrencies. Peterffy has consistently advised investors to limit exposure to digital assets and maintains skepticism regarding their intrinsic value.
According to CoinMarketCap, Bitcoin (BTC) was trading at $29,731 as of 12:00 UTC on July 28, with its 24-hour trading volume up 4.5%.
Get the latest news in your inbox!