Which broker now accepts USDC deposits?

TLDR

Interactive Brokers now accepts USDC deposits for eligible clients, with a phased rollout underway. See the confirmation in a recent announcement recap from the firms leadership at a financial conference (Interactive Brokers update).

1. Phased access, USDC only, and availability depends on account type and jurisdiction.
2. Deposits are auto?converted to your base currency for trading.
3. Early limits and fees apply, and correct network selection is required.

Deep Dive

1. Rollout And Scope

Interactive Brokers is enabling stablecoin funding starting with USDC for a subset of U.S. retail accounts, expanding over time. The initiative was described by Chairman Thomas Peterffy during a recent conference appearance, with broader access expected as the firm staggers eligibility by client profile and region (leadership remarks).

This is not an all?at?once launch. Access depends on account type, jurisdiction, and compliance factors. It is positioned as an additional funding rail, not a replacement for existing methods.

2. How It Works

Clients select Fund with Stablecoin, choose a supported network (for example, Ethereum, Solana, or Base), then send USDC from a self?custodial wallet to a unique address. Funds are credited after confirmation and automatically converted to USD for use in the account. Current constraints include a $10 minimum, $25,000 per?transaction and daily cap, and a $100,000 monthly cap. The broker does not charge a deposit fee, but you pay network gas and a 0.3% conversion fee (minimum $1) via the processor. Only USDC is supported at this stage (process and limits).

Risk note: sending on the wrong chain or to the wrong address can cause delays or loss. The broker emphasizes exact network matching during setup (see the report above).

3. Why It Matters

Stablecoin funding offers near?instant, 24/7 account top?ups without relying on bank rails. That can reduce settlement friction around market hours and news events. For the broker, it is a pragmatic bridge between traditional brokerage infrastructure and crypto on?chain liquidity.

Opinion: this narrows the gap between crypto wallets and tradable brokerage balances. If adoption broadens, expect other brokers to trial controlled stablecoin rails, particularly for faster client onboarding and cross?border funding.

Conclusion

Interactive Brokers is the broker now accepting USDC deposits, starting with a phased rollout and USDC?only support. The move enables faster, bank?independent funding while keeping brokerage workflows intact, with practical constraints around networks, limits, and conversion fees.