Interactive Brokers to Enable USDC Full-Day Account Funding, Plans to Add RLUSD and PYUSD Options Next Week

BlockBeats News, January 16th, according to The Block, Interactive Brokers has announced that it now supports traders to fund their accounts 24/7 using Circle's USDC for round-the-clock trading. Users can send USDC from their personal crypto wallets to Zerohash's secure wallet generated on the Ethereum, Solana, or Base network, and the tokens will then be automatically converted to USD and deposited into their brokerage accounts. A conversion fee of 0.30% will be charged per deposit (minimum $1). Interactive Brokers plans to add more stablecoin options as early as next week, including Ripple's RLUSD and PayPal's PYUSD.