Interactive Brokers adds 12 tokens, opens stablecoin withdrawals
DeFi & Yields ·
The brokerage expanded its cryptocurrency lineup by 12 tokens and added the ability for clients to withdraw stablecoins from their accounts.
Interactive Brokers said it has built out what it describes as one of the most comprehensive and low-cost ways to access cryptocurrency, adding 12 new tokens to its platform alongside a stablecoin withdrawal feature, according to a businesswire.com announcement. The stablecoin withdrawal capability is enabled through an integration with ZeroHash and Paxos, giving account holders an on- and off-ramp for moving stablecoin balances off the platform.
The move broadens Interactive Brokers' existing crypto offering beyond its prior set of tradable tokens, though the announcement does not specify which 12 assets were added. Coverage of the update was corroborated across four distinct sources, with one summary on x.com also noting the expansion to 12 new tokens and the stablecoin on/off-ramp launch.
For a brokerage that also handles equities, options, and other traditional instruments, adding stablecoin withdrawal functionality is notable because it lets users move value out of the platform rather than only trading within it. The ZeroHash and Paxos integration suggests Interactive Brokers is relying on third-party infrastructure providers to handle the custody and settlement mechanics behind the withdrawal feature rather than building that capability in-house.
The announcement does not detail trading fees, minimum withdrawal amounts, or which stablecoins are supported through the new capability. It also does not specify a rollout timeline or whether the feature is available to all account types or being phased in for particular jurisdictions. Those details, along with the identity of the 12 newly added tokens, remain to be clarified in subsequent disclosures from the company.