Interactive Brokers Explores Proprietary Stablecoin for 24/7 Account Funding

Interactive Brokers is actively considering the launch of a proprietary stablecoin to enable round-the-clock funding for brokerage accounts. The MOVE aims to eliminate reliance on traditional banking hours, allowing clients instant access to deposits and trades.

Chairman Thomas Peterffy confirmed the firm's internal discussions, emphasizing the potential for faster settlements and enhanced digital asset integration. While no final decision has been made, the initiative reflects broader institutional adoption of stablecoins amid improving U.S. regulatory clarity.

The brokerage may also support third-party stablecoins issued by credible entities, signaling a strategic pivot toward blockchain-based financial infrastructure. This development aligns with growing demand for seamless digital asset management in traditional finance.