financetom
Business
financetom
/
Business
/
Market Chatter: Interactive Brokers Weighs Launch of Customer Stablecoin
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Interactive Brokers Weighs Launch of Customer Stablecoin
Jul 28, 2025 5:10 AM

07:51 AM EDT, 07/28/2025 (MT Newswires) -- Interactive Brokers ( IBKR ) is considering a stablecoin for customers, Reuters reported Monday, citing an interview with founder Thomas Peterffy.

The company is reportedly also working on enabling round-the-clock stablecoin funding for brokerage accounts and may allow third-party tokens depending on issuer credibility.

Peterffy expressed skepticism about crypto's underlying value but acknowledged its growing adoption, the news outlet reported.

Interactive Brokers ( IBKR ) currently offers crypto trading via partnerships with Paxos and Zero Hash, and operates a predictions market called ForecastEx, Reuters reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ford's US auto sales rise 16% in May
Ford's US auto sales rise 16% in May
Jun 3, 2025
June 3 (Reuters) - Ford Motor ( F ) on Tuesday reported a 16% rise in U.S. auto sales for May, aided by demand for pickup trucks and crossover SUVs. Sales of the company's F-Series trucks were up 15% at 79,817 vehicles during the month. ...
Nio Stock Drops After Q1 Results And Outlook Disappoints The Street, Margins Shrink
Nio Stock Drops After Q1 Results And Outlook Disappoints The Street, Margins Shrink
Jun 3, 2025
Chinese electric vehicle maker Nio, Inc  shares were trading lower in premarket on Tuesday after the company reported fiscal first-quarter results. The company reported quarterly revenue of 12.03 billion Chinese yuan ($1.66 billion), up 21.5% year-over-year. However, revenue declined by 38.9% sequentially. Also Read: China’s NIO Clocks 13% Deliveries Growth In May, Tesla Lags Analysts, on average, estimated revenue of $1.73 billion for the quarter. Excluding items, the company reported...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Market Chatter: Merck Held Talks to Buy MoonLake for Over $3 Billion; MoonLake Shares Rise Pre-Bell
Market Chatter: Merck Held Talks to Buy MoonLake for Over $3 Billion; MoonLake Shares Rise Pre-Bell
Jun 3, 2025
09:25 AM EDT, 06/03/2025 (MT Newswires) -- MoonLake Immunotherapeutics ( MLTX ) shares were rising almost 16% in recent Tuesday premarket activity after the Financial Times reported that Merck ( MRK ) has held talks for an over $3 billion acquisition of the Swiss biotechnology company. Merck ( MRK ) submitted a non-binding offer for MoonLake earlier this year that...
Copyright 2023-2026 - www.financetom.com All Rights Reserved