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- Interactive Brokers now allows eligible clients to withdraw funds as USDC, PayPal USD, and Ripple USD.
- The brokerage has also added nine new cryptocurrencies, bringing its digital asset offerings to 20 tokens.
- The expansion reflects growing demand for integrated crypto and traditional financial services.
Interactive Brokers has expanded its cryptocurrency platform by introducing stablecoin withdrawals and adding nine new digital assets, giving clients more flexibility to move funds between traditional brokerage accounts and blockchain networks.
Eligible customers can now withdraw U.S. dollars from their brokerage accounts by automatically converting them into USD Coin (USDC), PayPal USD (PYUSD), or Ripple USD (RLUSD). Once converted, the stablecoins can be transferred directly to supported external crypto wallets.
The rollout builds on the brokerage’s stablecoin deposit service launched earlier this year, further integrating digital assets into its broader investment platform.
Stablecoin Withdrawals Now Available
Interactive Brokers’ new withdrawal feature enables clients to move cash from their brokerage accounts onto blockchain networks through an automatic stablecoin conversion process.
The service is powered by zerohash, which also facilitates the company’s stablecoin deposit feature introduced in January. Under that system, clients can deposit supported stablecoins that are converted into U.S. dollars and credited to their brokerage accounts.
Stablecoin deposits and withdrawals are processed 24 hours a day, seven days a week, including weekends and holidays, allowing investors to move funds outside of traditional banking hours.
Nine New Cryptocurrencies Join the Platform
Alongside the stablecoin expansion, Interactive Brokers has added Aave, Aptos, Canton, Lido DAO, Monad, NEAR Protocol, Plasma, PAX Gold, and Uniswap through its partnership with zerohash.
Some assets, including Aave, Uniswap, and PAX Gold, are also supported through Paxos Trust Company.
With the latest additions, Interactive Brokers now offers access to 20 cryptocurrencies, including major assets such as Bitcoin, Ethereum, Solana, Cardano, XRP, Dogecoin, Avalanche, Chainlink, Litecoin, Bitcoin Cash, and Sui.
Crypto Becomes Part of a Broader Investment Platform
Interactive Brokers says its goal is to integrate digital assets into clients’ overall financial experience rather than treating cryptocurrencies as a separate product.
Once funded, clients can use their accounts to trade stocks, options, futures, bonds, currencies, investment funds, cryptocurrencies, and prediction contracts across more than 170 global markets.
The brokerage also allows eligible customers to transfer supported crypto assets between their Interactive Brokers accounts and both custodial and self-custodied wallets.
Lower Fees and Growing Adoption
Interactive Brokers charges crypto trading commissions ranging from 0.12% to 0.18% of each transaction, with a minimum fee of $1.75 per order. The company says it does not impose additional spreads, markups, or custody fees.
Some restrictions remain. Stablecoin deposits and withdrawals are not currently available to clients of Interactive Brokers U.K. Limited or Interactive Brokers Ireland Limited, while the newly added crypto assets are also unavailable through the Irish entity.
The latest expansion highlights how traditional brokerages are increasingly embracing digital assets, giving investors more ways to move seamlessly between conventional finance and blockchain-based financial services.
Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
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