Interactive Brokers Group, a major player in the online brokerage world, is weighing the creation of its own stablecoin, according to founder Thomas Peterffy, who spoke with Reuters. The company is also investigating the possibility of allowing clients to use stablecoins to fund their accounts around the clock, seven days a week, for immediate access to trading funds.
Interactive Brokers Mulls Stablecoin Options: Internal Development or Partnership
The well-known discount brokerage, Interactive Brokers (Nasdaq: IBKR), which boasts a market capitalization nearing $110 billion, is actively evaluating potential pathways to offering a stablecoin. This could involve developing their own coin internally, or…