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Interactive Brokers launches USDC all-weather account recharge service, planning to add RLUSD and PYUSD options next week
PANews January 16 News, according to The Block, Interactive Brokers announced that traders can now use Circle’s USDC to fund their accounts 24/7, enabling 24/7 trading. This feature is supported by Zerohash, a B2B crypto and stablecoin infrastructure provider invested in by Interactive Brokers. Users can send USDC from their personal crypto wallets to a secure wallet generated by Zerohash on the Ethereum, Solana, or Base networks, after which the tokens will be automatically converted to USD and deposited into their brokerage accounts. Each deposit incurs a conversion fee of 0.30% (minimum $1). Interactive Brokers plans to add more stablecoin options as early as next week, including Ripple’s RLUSD and PayPal’s PYUSD.