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