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Interactive Brokers Allows Stablecoin Deposits for Brokerage Accounts

iconThe Coin Republic
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Interactive Brokers now allows eligible U.S. retail clients to fund brokerage accounts with stablecoins. Launched on December 12, the feature lets users deposit stablecoins directly from crypto wallets. The firm, which oversees $757.5 billion in customer equity, is the first major broker to offer this option. KuCoin deposit functionality is also expanding as the stablecoin market cap hit $307 billion on December 10. As a leading cryptocurrency exchange, KuCoin continues to enhance user access to traditional financial markets.
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