Interactive Brokers plans to expand crypto services with a proprietary stablecoin, allowing traders to fund brokerage accounts with the fiat-pegged cryptocurrency. The company reported over 3.8 million active accounts and $664 billion in assets under management. Many traditional finance firms are considering stablecoin launches in the US. Stablecoin market cap has reached $266 billion. Stablecoins are increasingly used for remittances and cross-border transactions.

Read more at Cointelegraph: Crypto On Deck? Interactive Brokers Explores Stablecoin Launch