Interactive Brokers has opened its doors to stablecoin deposits, letting clients fund accounts with USDC that automatically converts to U.S. dollars. The service runs 24/7, including weekends and holidays, and processes transfers within minutes.
The brokerage partnered with digital asset infrastructure provider ZeroHash to enable the feature. Clients send USDC from a crypto wallet to a secure wallet provided through the collaboration. Once received, the stablecoin is converted to dollars and credited to the brokerage account, ready for trading across Interactive Brokers' markets.
Support for Ripple's RLUSD and PayPal's PYUSD is planned for next week, expanding beyond the initial USDC offering. Interactive Brokers first introduced USDC funding for retail accounts in December.
"Stablecoin funding provides international investors with the speed and flexibility required in today's markets," said CEO Milan Galik. "Clients can transfer funds and begin trading within minutes, while also reducing transaction costs."
There are no deposit fees from Interactive Brokers, though users are responsible for blockchain network fees. ZeroHash applies a 0.30% conversion fee per deposit, with a minimum of $1.
The move builds on Interactive Brokers' growing crypto services, which began in 2021 with Bitcoin and Ether and added more tokens including Solana and XRP in 2025. The firm is also an investor in ZeroHash, which previously raised $104 million at a $1 billion valuation.
Shares in Interactive Brokers jumped over 3% on Thursday, hitting a lifetime high of $75.
At press time, USDC's market capitalization was $75.68 billion, making it the world's second-largest stablecoin behind Tether's $186.90 billion. The broader stablecoin market has surpassed $310 billion in total value.
