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Interactive Brokers is considering launching a new stablecoin for its clients.
PANews July 28 news, according to Reuters, Interactive Brokers billionaire founder Thomas Peterffy stated in an interview that the company is exploring the possibility of issuing stablecoins, but has not yet made a final decision on how to offer them to customers. Interactive Brokers is one of the world’s leading discount brokers, with a market capitalization 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 customers with a variety of Crypto Assets trading services. Peterffy stated that Interactive Brokers is working to achieve instant, round-the-clock stablecoin deposits in brokerage accounts and supports the transfer of assets for commonly traded Crypto Assets.