Fund Brokerage Accounts With Stablecoin Deposits
Interactive Brokers has officially switched on its stablecoin funding capability across its platform according to a press release.
This is integrated and powered by ZeroHash, who recently secured a MICA license before the end of 2025 and also raised $104M in a Series D round. With this, Interactive Brokers can now accept stablecoin deposits for individual client accounts.
The approved stablecoin list – for now – is Circle’s USDC stablecoin on Solana, with more upcoming integrations set for Ripple’s RLUSD stablecoin and PayPal’s PYUSD stablecoin on other top blockchain networks including Ethereum and Base.
Stablecoin Issuance And Stablecoin Fees
Instead of choosing stablecoin issuance and issuing an IBKR stablecoin, like many financial institutions, the brokerage firm has opted to rely on ZeroHash as a trusted industry partner to build out and maintain a stablecoin funding and stablecoin deposit infrastructure.
In terms of cost, there are no set or fixed stablecoin fees applied to account holders if a balance is deposited in stablecoins by Interactive Brokers, only a 0.30% conversion fee from ZeroHash and gas fee associated with the type of stablecoins and networks.
