Interactive Brokers Adds Stablecoin Funding and Wallet Transfers to Crypto Offering
IBKR sits 64% above its 52-week low of $58.18 on light trading volume (0.4× avg).
Summary
Interactive Brokers is rolling out stablecoin funding and external wallet transfers, alongside nine new digital assets, deepening its crypto infrastructure. The move lets clients move dollars via USDC, PYUSD, and RLUSD outside banking hours, and transfer assets to external wallets — features many traditional brokers lack. Pricing is aggressive: crypto commissions start at 0.12%–0.18% with no added spreads, undercutting crypto-native platforms. This follows a string of strong operational metrics and product expansions, including Korea Exchange access and prediction markets. The launch positions IBKR to compete more directly with crypto-first platforms on cost and functionality, while leveraging its multi-asset brokerage and regulated infrastructure.
At the time of this announcement, IBKR was trading at $95.48 on NASDAQ in the Finance sector, with a market capitalization of approximately $162B. The 52-week trading range was $58.18 to $97.84. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Finance Magnates.