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Benzinga
Benzinga
Business
Murtuza J Merchant

Interactive Brokers Reportedly Looking Into Stablecoin Issuance

Konskie,,Poland,-,November,18,,2024:,Interactive,Brokers,Company,Logo

Interactive Brokers Group (NASDAQ:IBKR) is weighing the possibility of issuing a stablecoin, joining a wave of traditional finance firms expanding into digital assets.

What Happened: As the crypto landscape sees friendlier U.S. regulations and increasing adoption, the firm is evaluating how a stablecoin product might serve its clientele, Reuters reported on Monday.

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