Interactive Brokers to launch 24/7 account funding with USDC

Global electronic brokerage Interactive Brokers (IBKR) is set to become the first major traditional finance firm to utilize stablecoins by offering 24-hour account deposits via USDC, The Block reported. The service, which will operate 24/7, is built on infrastructure from stablecoin startup Zerohash. Interactive Brokers also plans to add support for Ripple's RLUSD and PayPal's PYUSD as early as next week.