Interactive Brokers (IBKR) Stock: Surges to Record High on Stablecoin Deposit Launch
TLDR
- Interactive Brokers launches 24/7 USDC deposit service through ZeroHash partnership with instant dollar conversion for trading.
- RLUSD and PYUSD stablecoin support rolling out next week across Ethereum, Solana, and Base blockchains.
- No deposit fees from Interactive Brokers, but ZeroHash charges 0.30% conversion fee with $1 minimum.
- Stock surged 3% to record $75 after announcement as company expands crypto service offerings.
- Service eliminates traditional wire transfer delays, allowing clients to start trading within minutes of deposit.
Interactive Brokers rolled out stablecoin deposit functionality Thursday, letting clients fund accounts with USDC anytime. The service processes deposits in minutes through a ZeroHash partnership.
Interactive Brokers Group, Inc., IBKR
Eligible clients can now send USDC from personal wallets to secure accounts managed by ZeroHash. The system automatically converts incoming stablecoins to U.S. dollars for immediate trading access.
The Nasdaq-listed brokerage plans to add Ripple’s RLUSD and PayPal’s PYUSD next week. This expansion will give clients three stablecoin options for account funding.
The service operates across Ethereum, Solana, and Base blockchains. This multi-chain approach removes dependence on traditional banking hours and wire transfers.
Fast Funding Cuts Transaction Costs
CEO Milan Galik explained the competitive advantage in the company’s release. “Stablecoin funding provides international investors with the speed and flexibility required in today’s markets.”
Clients can move from deposit to active trading in minutes. This speed represents a major upgrade over conventional cross-border wire transfers.
Interactive Brokers waives deposit fees for stablecoin funding. Users only pay standard blockchain network fees for their transfers.
ZeroHash applies a 0.30% conversion fee when changing stablecoins to dollars. The company sets a $1 minimum fee per transaction.
Building on December Launch
The announcement extends Interactive Brokers’ December rollout of stablecoin funding for U.S. retail accounts. The firm continues pushing into crypto-adjacent services as competition heats up.
Interactive Brokers holds an investment stake in ZeroHash. The infrastructure provider secured $104 million in funding at a $1 billion valuation.
The brokerage added crypto trading in 2021, starting with Bitcoin and Ether. Solana and XRP joined the platform’s offerings in 2025.
USDC maintains a $75.68 billion market cap, ranking second among stablecoins. Tether leads the sector with $186.90 billion in circulation.
The total stablecoin market exceeds $310 billion according to DefiLlama data. The sector experienced 46.8% year-over-year growth through October.
Interactive Brokers shares climbed more than 3% Thursday following the news. The stock reached an all-time high of $75 during the session.
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