Interactive Brokers Eyes Crypto Dominance with Planned Stablecoin Launch
Wall Street's quiet giant might just disrupt crypto—again.
Interactive Brokers is reportedly exploring a stablecoin play, signaling deeper institutional embrace of digital assets. The move could bridge traditional finance and crypto markets—or just add another corporate token to the pile.
Why it matters: When a $30B brokerage flirts with crypto, regulators listen. This isn't some DeFi startup—it's a FINRA-member firm with 2M+ client accounts. Their compliance team alone could bankrupt most crypto projects.
The cynical take: Another 'regulated stablecoin' means another way for Wall Street to collect rent on blockchain rails. Remember when crypto was supposed to cut out middlemen?
Bottom line: Whether this stabilizes markets or just IB's revenue stream, one thing's clear—the suits aren't just watching crypto anymore. They're building it.