Interactive Brokers now allows retail investors to fund accounts with stablecoins, blurring lines between traditional finance and crypto. This feature is initially for select U.S. customers.
Interactive Brokers Group Inc, traded on NASDAQ under IBKR, has launched a new feature permitting retail investors to fund their brokerage accounts with stablecoins. This move signifies a blending of traditional finance and crypto, with the initiative starting with eligible U.S. customers. These users can now transfer funds from their crypto wallets, rather than solely depending on bank accounts. Chairman Thomas Peterffy, a billionaire, disclosed this development. To read more details, visit Benzinga.com.
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