Interactive Brokers Group investigates the issuance of stablecoins (cryptocurrency or tokens) whose prices are related to their own price, as announced by founder Thomas Peterffy.
The company has a market value of nearly $110 million, Implement this tool to allow instant deposits and withdrawals to your securities accountavailable 24 hours a day, 7 days a week.
Although no final decision has been made regarding the launch, Peterfee also indicated that he appreciates allowing the use of stubcoins from other financial institutions if the issue issue is reliable.
The initiative is part of the favorable context after the recent approval of the US Genius Act, signed by President Donald Trump on July 18th, as reported by Cryptootics.
This law Establish a clear regulatory frame for stablecoins linked to dollarsrequires that it be supported by current assets such as effective and short-term treasure bonds.
Additionally, issuers regularly make reserve composition transparent and force measures to implement money laundering measures, promoting the security and trust of these digital assets.
on the other hand, Interactive brokers already have experience in the cryptocurrency sector Thanks to the alliance between Paxos and Zero Hash, he is a platform that can provide client operations in a variety of cryptocurrencies.
However, Peterffy expressed caution regarding the large-scale adoption of these assets, noting that it is difficult to determine the fundamental value. “If people adopt it and give it value, that’s fine, but I’m not sure yet,” he said.
It moves Addresses the need to overcome the restrictions on traditional bank transfers In the US, it usually takes more than a day. With support for new regulations and growing interest in large cryptocurrency finance companies, interactive brokers aim to position themselves in the sector, driving faster and faster transactions for users.
