The actions of traditional brokerages are moving even faster. Interactive Brokers recently launched a new feature that allows users to top up their accounts directly with USDC, and it's available 24/7, not limited by exchange trading hours.
How does it work? The underlying technology is supported by Zero Hash, currently supporting the three mainstream networks: Ethereum, Solana, and Base. Users simply transfer USDC, and the system will automatically convert it into USD and credit it to the account. This conversion process incurs a fee of 0.30%, with a minimum of $1.
What's more interesting is that Interactive Brokers doesn't plan to stop there. According to the plan, next week they will gradually add two new options: RLUSD (Ripple's stablecoin) and PYUSD (PayPal's stablecoin), further expanding the scope of crypto payments. This trend reflects an increasingly clear signal: traditional financial institutions are undergoing a fundamental shift in their attitude towards on-chain assets, moving from observation to active participation with real money.
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ForkTongue
· 01-18 14:34
Interactive Brokers' approach is truly brilliant, directly treating stablecoins as fiat currency. The integration of traditional finance with blockchain has become an inevitable trend.
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ForkInTheRoad
· 01-16 08:36
Interactive Brokers' 0.3% fee is a bit stingy, but 24/7 deposits are really convenient. All major networks are supported, and next week they'll add PayPal's currency. Traditional finance is really gradually giving in.
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OnchainHolmes
· 01-16 03:47
Interactive Brokers has really made the right move this time. Traditional finance is starting to humbly engage with blockchain, which is quite interesting. Although a 0.30% fee isn't expensive, can it be further optimized?
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UncleWhale
· 01-16 03:47
Interactive Brokers is indeed aggressive this time; a 0.3% fee rate isn't considered excessive... But wait, PayPal's stablecoin is also coming? It seems traditional giants can't sit still anymore.
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HashBrownies
· 01-16 03:45
Interactive Brokers' speed is truly top-notch. A 0.3% fee is still acceptable. I'm just worried that a bunch of stablecoins coming in later might make things even more chaotic.
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TokenomicsShaman
· 01-16 03:43
Interactive Brokers' move is quite good; a 0.3% fee is acceptable... It's just that with RLUSD and PYUSD coming in, it feels like the stablecoin ecosystem is about to get chaotic again.
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DegenApeSurfer
· 01-16 03:40
Interactive Brokers is really coming through this time. The 0.30% fee is a bit high but acceptable. The key is that I finally don't have to wait for business hours anymore.
The actions of traditional brokerages are moving even faster. Interactive Brokers recently launched a new feature that allows users to top up their accounts directly with USDC, and it's available 24/7, not limited by exchange trading hours.
How does it work? The underlying technology is supported by Zero Hash, currently supporting the three mainstream networks: Ethereum, Solana, and Base. Users simply transfer USDC, and the system will automatically convert it into USD and credit it to the account. This conversion process incurs a fee of 0.30%, with a minimum of $1.
What's more interesting is that Interactive Brokers doesn't plan to stop there. According to the plan, next week they will gradually add two new options: RLUSD (Ripple's stablecoin) and PYUSD (PayPal's stablecoin), further expanding the scope of crypto payments. This trend reflects an increasingly clear signal: traditional financial institutions are undergoing a fundamental shift in their attitude towards on-chain assets, moving from observation to active participation with real money.