Milestone news

Interactive Brokers (IBKR), as a globally renowned traditional brokerage firm, if it indeed allows the use of stablecoins to fund brokerage accounts, this holds significant implications for the cryptocurrency industry in the following aspects:

1. Breaking down the capital barriers between traditional finance and crypto finance

This is the most direct impact. Previously, cryptocurrency investors who wanted to invest in U.S. stocks or other traditional assets typically had to go through a cumbersome "withdrawal" process (crypto exchange -> bank account -> brokerage account), which was not only time-consuming but also carried the risk of bank account freezes due to risk controls.

Funds can now flow directly from the blockchain into the stock market, achieving seamless two-way capital movement and significantly reducing friction costs.

2. Endowing stablecoins with genuine "payment and settlement" attributes

For a long time, stablecoins have primarily been used as a medium for cryptocurrency trading or as a safe-haven asset.

This move signifies that stablecoins are beginning to be accepted by mainstream financial institutions as a legitimate payment and settlement tool, rather than just "chips" in the crypto world. This enhances the practical application scenarios of cryptocurrencies as "currency."

3. Benefiting global liquidity and borderless investment

For non-U.S. investors, wiring funds to U.S. stock brokers usually involves high wire transfer fees and lengthy processing times.

Stablecoin transfers are fast, low-cost, and borderless. This will greatly facilitate global investors (especially those from regions with foreign exchange controls or underdeveloped banking systems) to enter the global capital market, potentially bringing substantial new liquidity to traditional markets.

4. Enhancing industry compliance and trust

Interactive Brokers is known for its strict risk controls and strong compliance.

The adoption of this solution by top traditional financial giants like IBKR means they have found a compliance-level solution for handling on-chain assets. This sets a precedent for other traditional financial institutions to follow, helping to elevate the image and compliance status of the entire crypto industry.

This is not just a feature update but a significant step for crypto assets moving from "speculative alternative assets" to "mainstream financial infrastructure."$Interactive Brokers(IBKR.US) $Robinhood(HOOD.US) $BitMine Immersion Tech(BMNR.US)$Circle(CRCL.US)