Tastytrade, the online brokerage firm created by traders for self-directed investors, announces today that it has enabled stablecoin account funding for investors across multiple stablecoins and chains, including USDC, USDT, PYUSD, and RLUSD. This industry-leading, innovative funding method allows tastytrade’s customers globally to fund their brokerage accounts with stablecoins, 24/7/365, powered by zerohash, the leading on-chain infrastructure provider.
Stablecoin funding, in addition to being globally available, eliminates many customer friction points associated with traditional international funding methods like currency conversion fees and multi-day settlements, and can significantly decrease user costs and the hassles of moving money into a brokerage account.
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“The upside of stablecoin account funding is massive: speed, simplicity, and global reach,” said Pete Mulmat, CEO of IG North America, the parent company of tastytrade. We can now move money across jurisdictions in seconds, cut out costly intermediaries, and offer a frictionless experience for our customers around the world.”
“In a market that’s moving towards 24/7 global trading, account funding shouldn’t be a barrier to getting started with trading,” Mulmat added. “Stablecoins reduce that hurdle.”
Zerohash’s stablecoin infrastructure powers some of the world’s leading financial services groups, including Stripe, Shift4, Kalshi, Securitize, Franklin Templeton, Félix Pago, and Republic. Zerohash instantly converts stablecoins into USD and sweeps the funds into tastytrade customers’ brokerage accounts, eliminating the need for tastytrade to manage stablecoins or interact with blockchains directly.
“We’re proud to be the trusted partner for stablecoin account funding for leading brokerages, including tastytrade,” said Edward Woodford, Founder & CEO of zerohash. “Stablecoin account funding helps brokerages expand their businesses with instant funding globally.”
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