Loading prices…
🔥BULLISH

Interactive Brokers lists 9 new crypto tokens via ZeroHash, Paxos

The fourth-largest U.S. brokerage now routes trading through ZeroHash and Paxos and lets clients move USDC, PYUSD and RLUSD in and out of broker accounts to external wallets.

Interactive Brokers has added trading support for nine tokens through ZeroHash and a parallel set through Paxos, opening direct crypto execution to clients of the fourth-largest U.S. brokerage. The lineup covers AAVE, APT, CC, LDO, MON, NEAR, XPL, PAXG and UNI, with AAVE, UNI and PAXG also available through the Paxos integration.

Why it matters

Adding a brokerage of Interactive Brokers' scale to the institutional-access map is the kind of distribution event the crypto industry has been working toward for years. ZeroHash and Paxos already provide the plumbing; IBKR provides the clients, the regulatory perimeter, and the balance sheet that lets a portfolio manager keep BTC and stablecoin exposure inside the same account they rebalance an S&P 500 allocation in. That is the structural bridge between TradFi and on-chain assets the institutional thesis has been promising since the spot BTC ETF launches.

Market impact

The platform has also launched two-way stablecoin transfers, letting clients auto-convert USD held in IBKR accounts into USDC, PYUSD or RLUSD and push those balances to external wallets, plus custody-to-custody transfers in either direction. Two-way, broker-issued stablecoin flow is the missing piece that turns a brokerage account from a closed vault into a functional on-ramp and off-ramp. For USDC, the dominant U.S.-regulated stablecoin, every new distribution rail is a marginal demand event; for PYUSD and RLUSD, both of which have been fighting for shelf space since launch, direct access at a top-five broker is the largest venue win either has landed.

Related tokens
$AAVE $APT $LDO $NEAR $UNI

Frequently asked questions

  1. Which tokens did Interactive Brokers add?

    The brokerage added trading support for nine tokens through ZeroHash: AAVE, APT, CC, LDO, MON, NEAR, XPL, PAXG and UNI. AAVE, UNI and PAXG are also available through a parallel Paxos integration.

  2. How do the new stablecoin transfers on Interactive Brokers work?

    Clients can automatically convert U.S. dollars held in their IBKR accounts into USDC, PYUSD or RLUSD and send balances to external wallets. Supported digital assets can also be moved between IBKR accounts and custodial or non-custodial wallets in either direction.

  3. Why is the Interactive Brokers launch significant for stablecoins?

    Interactive Brokers is the fourth-largest U.S. brokerage, and two-way stablecoin flow from broker accounts to external wallets turns the account into a functional on-ramp and off-ramp rather than a closed vault, materially expanding distribution for USDC, PYUSD and RLUSD.

  4. What roles do ZeroHash and Paxos play in this launch?

    ZeroHash powers trading and transfer infrastructure for the nine listed tokens, while Paxos provides parallel access to AAVE, UNI and PAXG. Both firms have been positioning for institutional-scale brokerage distribution and now have a top-five U.S. broker as a client.

  5. Who benefits most from this distribution expansion?

    USDC gains a marginal demand tailwind from a new rail at scale. PYUSD and RLUSD, both of which have been competing for shelf space since launch, secure their largest broker distribution win to date through direct access at a top-five U.S. brokerage.

Source attribution
Aggregated from WuBlockchain · Verified · Last refreshed 1h ago
Open original →