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Interactive Brokers, a large American broker, now gives customers the opportunity to deposit money using stablecoins. This shows that the company continues to integrate digital assets into its regular financial services.

To realize this opportunity, Interactive Brokers has joined forces with Zero Hash, a firm that is an expert in the field of infrastructure for stable cryptocurrencies and other digital assets. The result of their collaboration was a system that automatically converts stablecoins into American dollars and transfers the funds received to the user's brokerage account.

Currently, account replenishment is available using the USDC through the blockchains Ethereum, Solana and Base. However, Interactive Brokers is not going to stop there and plans to expand the list of supported stablecoins. Integration of RLUSD from Ripple and PYUSD from PayPal is expected soon.

Interactive Brokers claims that it does not charge a commission for depositing stablecoins to an account. But customers will have to pay network fees on their chosen blockchain network when sending money. In addition, Zero Hash charges 0.30% of the conversion fee, but not less than one dollar.

Milan Galik, head of Interactive Brokers, explained why they did this. According to him, when customers top up their accounts with stablecoins, transfers go much faster, especially for those who live abroad. It is also cheaper than regular bank transfers, which usually take a lot of time and cost a lot of money.

It's not just about improving the infrastructure to move capital quickly and conveniently for international clients. The project shows how attitudes towards stablecoins are changing: they are moving from the category of instruments for speculation to the category of technological solutions for payments and transfers suitable for serious institutional investors.