Interactive Brokers Enables Year-Round USDC Deposits for Instant Trading

Interactive Brokers Enables Year-Round USDC Deposits for Instant Trading

According to Interactive Brokers, its Zerohash-powered stablecoin deposits run 24/7 across multiple networks, auto-convert to USD, and cut cross-border funding delays from days to minutes.

ETH
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USDC

Fact Check
The statement is strongly supported by multiple high-authority primary and secondary sources, with no conflicting evidence present. The most authoritative source, an official press release from Interactive Brokers, directly confirms both parts of the statement. It states the new capability provides "24/7 availability for deposits" and "near-instant processing." This directly supports the claims of year-round deposits and immediate availability for trading. This is further corroborated by an official product page on the Interactive Brokers website, which confirms the company accepts USDC deposits. Additionally, several reputable news outlets report on the announcement. One article explicitly quotes the Interactive Brokers CEO stating that after depositing USDC, clients can "begin trading within minutes," which provides a specific and credible confirmation of the "immediate trading" aspect. Multiple other reports reinforce the "24/7 USDC funding" feature. The evidence is consistent, directly addresses all components of the claim, and originates from the company itself, making the statement highly likely to be true.
Summary

In an official announcement, Interactive Brokers enabled 24/7 USD Coin (USDC) deposits that auto-convert to U.S. dollars for brokerage accounts, delivered via Ethereum, Solana, and Base through its Zerohash partnership. The firm stated Ripple USD (RLUSD) and PayPal USD (PYUSD) deposits will be added next. The company says the service reduces cross-border wire delays from days to minutes and lowers costs.

Terms & Concepts
  • USDC (USD Coin): A stablecoin pegged to the U.S. dollar, used for fast and low-cost digital transactions.
  • Stablecoin: A cryptocurrency designed to maintain a stable value, often pegged to a fiat currency like the U.S. dollar.