Interactive Brokers Group is considering issuing a stablecoin to cater to the growing demand for digital assets. Founder Thomas Peterffy confirmed the exploration but remains cautious about crypto’s value. The firm already facilitates crypto trading and is looking into stablecoin funding and transfers. Stablecoins enable borderless transactions but face criticism for potential misuse. Interactive Brokers’ embrace of crypto and prediction markets has boosted investor confidence, with shares climbing 47% year-to-date.

Read more at Yahoo Finance: Interactive Brokers Reportedly Looking Into Stablecoin Issuance