Interactive Brokers Expands Crypto Offering with New Tokens and Stablecoin Transfers

Interactive Brokers expanded its cryptocurrency lineup with new tokens via zerohash and Paxos, and enabled stablecoin-based USD withdrawals using USDC, PYUSD or RLUSD.
Interactive Brokers (Nasdaq: IBKR) announced on Tuesday that it has broadened its cryptocurrency offering, adding nine new tokens through zerohash and three additional tokens via Paxos Trust Company. Clients can now withdraw USD from their IBKR accounts through automatic conversion to USDC, PYUSD or RLUSD and move funds to external wallets via stablecoin. That extends the stablecoin deposit capability the broker already had in place.
The tokens added through zerohash are Aave, Aptos, Canton, Lido DAO, Monad, NEAR Protocol, Plasma, Pax Gold and Uniswap. Aave, Uniswap and Pax Gold are also available through Paxos. Interactive Brokers said funding and external transfers settle near instantly, 24/7, including weekends and holidays. The stablecoin-based withdrawal route gives clients a round-the-clock way to move money into and out of their brokerage accounts.
“We believe digital assets should be integrated into a client’s broader financial experience, not treated separately,” said Interactive Brokers CEO Milan Galik. He added that the firm remains focused on giving clients access to digital assets alongside its wider range of products and markets.
The broker says its digital-asset offering rests on four pillars: competitive pricing, stablecoin funding flexibility, full transfer capability between custodial and non-custodial wallets, and a unified multi-asset platform. Crypto commissions start at between 0.12% and 0.18% of trade value, with a $1.75 minimum per order and no added spreads or custody fees. Interactive Brokers says the pricing undercuts many competitors by as much as 85%.
Stablecoin funding is not available to clients of Interactive Brokers UK or Ireland, and the newly added tokens are excluded for Irish clients. Availability varies by affiliate and jurisdiction.
Source: LeapRate