Interactive Brokers Explores Stablecoin Launch Amid Crypto Expansion
Interactive Brokers, the $110 billion trading giant, is actively considering the launch of a proprietary stablecoin and 24/7 digital asset funding capabilities. Chairman Thomas Peterffy confirmed the exploratory phase, though design and issuance models remain undecided. The MOVE signals deepening institutional engagement with blockchain technology.
The brokerage already offers crypto trading through partnerships with Paxos and Zero Hash. A stablecoin integration would enable frictionless asset transfers outside traditional banking hours—addressing a key pain point for active traders. Peterffy noted third-party stablecoins may also be supported, contingent on issuer credibility.
This development reflects broader Wall Street momentum toward stable digital assets. As regulatory clarity improves, major financial institutions are increasingly bridging traditional finance with blockchain infrastructure. Interactive Brokers' potential entry could accelerate mainstream adoption of crypto settlement mechanisms.