Interactive Brokers Consider Launching Their Own Stablecoins, Participating In Crypto Innovation Trends

JAKARTA - Interactive Brokers Group, one of the world's largest stock trading platforms, is considering launching stablecoins for its customers. This move demonstrates the seriousness of major financial companies in responding to the easing of crypto industry regulations in the United States.

Thomas Peterffy, founder and chairman of Interactive Brokers, said his company was exploring the possibility of publishing stablecoins, although the final decision had not yet been made. The stablecoin in question is expected to be used by customers for funding their brokerage accounts instantly, 24 hours a day and 7 days a week.

The consideration of launching this stablecoin comes amid a massive transformation in global financial market infrastructure, triggered by blockchain-based asset adoption such as stablecoins. This type of digital asset allows the delivery of cross-border funds without going through traditional banking systems.

"The fundamental value is indeed elusive. If people start adopting and giving value to stablecoins, I don't mind. But I personally don't fully believe it," said Peterffy, quoted by VOI from Reuters.

Stablecoins are generally pegged against conventional assets such as the US dollar, and are widely used as digital tender or store of value in crypto trading.

Currently, Interactive Brokers are working with crypto platform Paxos and are also investors on the Zero Hash crypto exchange. Through this partnership, the company provides cryptocurrency trading services to customers.

As one of the largest discount brokers in the world with a market valuation of around 110 billion US dollars, Interactive Brokers is also developing a crypto asset transfer system directly between brokerage accounts using stablecoins and other popular tokens.

Peterffy also mentioned that the company is considering allowing the use of stablecoins published by other financial institutions with a note having high credibility to fund their customer accounts.

Despite promising efficiency and speed, stablecoins also drew criticism for being misused to avoid the anti-money laundering (AML) surveillance system by banks. This is the concern of regulators and observers of the global financial industry.

Another online Broker, Robinhood, recently launched a stablecoin called USDG through a Global Dollar Network consortium, which also involves crypto platforms such as Kraken and Galaxy Digital. USDG itself was published by Paxos, an old partner of Interactive Brokers.

In addition to focusing on crypto, Interactive Brokers also launched another innovative product last year called ForecastEx, a prediction market that allows investors to buy 'yes' or no' contracts under certain questions. This product shows the company's efforts to reach new market segments outside of traditional stock trading, options, and derivatives.

As of June 30, 2025, Interactive Brokers recorded a 32% increase in customer accounts compared to last year. The platform also recorded a 47% increase in share prices since the start of the year, surpassing the S&P 500 Investment Banking & Brokerage index which only rose about 20% in the same period.

According to Morningstar analysts in a note dated July 18, these two latest innovations "stablecoin prediction and integration market" are seen as a strategic step to maintain the company's competitiveness amid potential disruption to its main businesses in stock trading and derivatives.

Taking into account the issuance of stablecoins, Interactive Brokers demonstrates its readiness to face the increasingly blockchain-based future of digital finance. Despite its potential, this step is also accompanied by vigilance against the risk of rapid adoption and accompanying regulatory challenges.