Interactive Brokers Considers Launching New Stablecoin for Clients

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PANews
07-28
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PANews reported on July 28 that according to Reuters, Thomas Peterffy, the billionaire founder of Interactive Brokers, stated in an interview that the company is studying the possibility of issuing a stablecoin, but has not yet made a final decision on how to provide it to clients. Interactive Brokers is one of the world's leading discount brokers, with a market value of approximately $110 billion. Currently, the company has established a partnership with the crypto platform Paxos and is also an investor in the crypto exchange Zero Hash. Through these collaborations, Interactive Brokers provides clients with various cryptocurrency trading services. Peterffy said that Interactive Brokers is committed to achieving instant, 24/7 stablecoin deposits in brokerage accounts and supporting asset transfers of common trading cryptocurrencies.

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