Interactive Brokers Group explores the issuance of a stablecoin (cryptocurrency or token whose price is linked to that of the US dollar) own to speed up the transactions of its customers, as announced by its founder, Thomas Peterffy.
The company, with a market value close to 110,000 million dollars, seeks to implement this tool to allow instantaneous deposits and withdrawals in brokerage accountsavailable 24 hours a day, seven days a week.
Although a final decision on its launch has not been made, Peterffy indicated That the firm also evaluates allowing the use of stablcoins from other financial institutions, provided that the issues are reliable.
The initiative is part of a favorable context after the recent approval of the Genius Law in the United States, signed by President Donald Trump on July 18, as reported by cryptootics.
This legislation establishes a clear regulatory frame for stablecoins linked to the dollardemanding that they are backed by liquid assets such as effective and short -term treasure bonds.
In addition, it forces the issuers to regularly transparent the composition of their reserves and to implement measures against money laundering, thus promoting security and confidence in these digital assets.
On the other hand, Interactive Brokers already has experience in the cryptocurrency sector Thanks to his alliances with Paxos and Zero Hash, platforms that allow him to offer his clients operations with various cryptocurrencies.
However, Peterffy expressed caution about the mass adoption of these assets, pointing out the difficulty in determining their fundamental value. “If people adopt it and give it value, it’s fine, but I’m still not convinced,” he said.
It is moved responds to the need to overcome the limitations of traditional bank transfers In the United States, which usually takes more than a day. With the support of the new regulations and the growing interest of large financial firms in cryptocurrencies, Interactive Brokers seeks to position themselves in the sector, facilitating faster and faster transactions for its users.
