Thomas Peterffy announced that Interactive Brokers will introduce its own stablecoin through its digital finance expansion plans. The $110 billion brokerage company continues to develop 24/7 stablecoin funding and asset transfer capabilities for its platform but has not reached a decision. Peterffy expressed doubts about stablecoin value but recognized the increasing popularity of these digital currencies among users. The company plans to introduce its stablecoin after Robinhood launches its Global Dollar Network. The company provides crypto trading services through its partnerships with Paxos and Zero Hash and its market share has increased by 47% this year because of market volatility.
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