Interactive Brokers has enabled 24/7 brokerage account funding using stablecoins, offering near-instant settlement and lower costs for international clients.
The new option is available to eligible clients of Interactive Brokers LLC and allows users to transfer USD Coin (USDC) into a secure wallet, with funds converted automatically into U.S. dollars.
The firm said stablecoin funding addresses long-standing challenges in cross-border payments, particularly in regions where U.S. dollar wire transfers are expensive or slow. Transfers settle within minutes and can be initiated at any time, including weekends and public holidays.
Chief executive Milan Galik stated that the capability provides “the speed and flexibility required in today’s markets,” allowing clients to begin trading across 170 global markets shortly after submitting a transfer.
Interactive Brokers does not charge a fee for stablecoin deposits, though users must cover blockchain network charges. Its partner Zerohash applies a 0.30% conversion fee, with a $1 minimum. Support for Ripple Coin (RLUSD) and PayPal’s PYUSD is expected next week.
The move adds another digital-asset feature to the broker’s offering, expanding access for clients who rely on crypto-based transfers for funding efficiency or for navigating restrictive banking systems.
