Interactive Brokers Now Lets Retail Investors Fund Accounts With Stablecoins
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Interactive Brokers (IBKR) introduces stablecoin funding for U.S. retail investors, allowing account funding via crypto wallets. This move aims to enhance competitiveness with platforms like Robinhood and Schwab, expanding IBKR's crypto offerings. The initiative reflects a broader trend of financial institutions embracing tokenized money, with IBKR exploring its own stablecoin and partnering with Paxos and Zero Hash. The announcement coincides with YouTube's stablecoin payout option for U.S. creators, indicating growing acceptance of digital payment systems.
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