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0 0 9.3695132334213E-05 -0.00221473566430528 9.3695132334213E-05 -0.000831035086790201 -0.000831035086790201 -0.000831035086790201
Stock impact report

Interactive Brokers Lets Clients Fund Accounts With Stablecoins [Yahoo! Finance]

Interactive Brokers Group, Inc. - Class A (IBKR) 
Last interactive brokers group, inc. - class a earnings: 4/21 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.interactivebrokers.com
Company Research Source: Yahoo! Finance
Key Takeaways: Interactive Brokers now lets clients fund accounts with stablecoins that convert instantly into US dollars. The service offers 24/7 funding with USDC, with Ripple USD and PayPal USD support coming soon. Stablecoin deposits cut transfer times and costs compared with traditional wire payments. The brokerage said it has partnered with zerohash to enable 24/7 deposits using USDC across multiple blockchain networks. Once received, the stablecoins are converted into dollars and credited directly to client accounts, removing the delays and cut-off times associated with fiat wire transfers. Interactive Brokers added that support for Ripple USD and PayPal USD is expected to go live next week, expanding the range of stablecoins clients can use. The firm first introduced USDC funding for retail accounts in December and has previously explored the idea of issuing its own stablecoin, according to earlier reports. The company said stablecoin funding addresses a “crit Show less Read more
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